Market Depth/chart setups - Sierra Chart | futures io social day trading
futures io futures trading


Market Depth/chart setups
Updated: Views / Replies:904 / 6
Created: by e368guy Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Market Depth/chart setups

  #1 (permalink)
Trading Apprentice
San Francisco
 
Futures Experience: Beginner
Platform: TWS, TOS, Sierra Chart
Favorite Futures: ES, CL, ZF, JPY
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received

Market Depth/chart setups

i just got sierra chart setup and i have a couple questions

1. i have 5 chart books open, 1 for each symbol i would like to trade. And in each chart book i then have a 1 min, 5 min, 30 min chart etc. is there a way to save all of these as a whole work space so i do not have to reopen each chart book every time i close or open the program? i also have DOM traders open for each one and the market depth windows have to be reopened every time... i can deal with this but its annoying.

2. my DOM trader and market depth windows for the EUR and GBP futures are not showing more than one bid and ask price. my JPY is only showing 4 bid and asks, and my ES is only showing 4 on the bid with 4 0.00s after and then the ask is all 10 levels..(i think the ES might have shown 10 and 10 before). I am using IB for my data and in TWS its correctly displaying the bid/ask data. Am i missing a setting? i have cycled power and reopened the charts/dom.

Thank you for any answers/help in advance. new to this forum, i really see potential in this sierra chart and would like to be able to get a good 15 day test drive!

Reply With Quote
 
  #2 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,370 received


e368guy View Post
i just got sierra chart setup and i have a couple questions

1. i have 5 chart books open, 1 for each symbol i would like to trade. And in each chart book i then have a 1 min, 5 min, 30 min chart etc. is there a way to save all of these as a whole work space so i do not have to reopen each chart book every time i close or open the program? i also have DOM traders open for each one and the market depth windows have to be reopened every time... i can deal with this but its annoying.

2. my DOM trader and market depth windows for the EUR and GBP futures are not showing more than one bid and ask price. my JPY is only showing 4 bid and asks, and my ES is only showing 4 on the bid with 4 0.00s after and then the ask is all 10 levels..(i think the ES might have shown 10 and 10 before). I am using IB for my data and in TWS its correctly displaying the bid/ask data. Am i missing a setting? i have cycled power and reopened the charts/dom.

Thank you for any answers/help in advance. new to this forum, i really see potential in this sierra chart and would like to be able to get a good 15 day test drive!

re:

1/ see here: Sierra Chart

The SierraChart site (Support Board and On-line documentation) are a wealth of knowledge. Using the search tools finds most answers - just like I did here

2/ Can't answer as I have no experience with IB

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist

Last edited by steve2222; July 22nd, 2016 at 03:04 AM. Reason: added words
Reply With Quote
The following user says Thank You to steve2222 for this post:
 
  #3 (permalink)
Trading Apprentice
San Francisco
 
Futures Experience: Beginner
Platform: TWS, TOS, Sierra Chart
Favorite Futures: ES, CL, ZF, JPY
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received


thanks steve perfect answer for number 1. yea searching was hurting my head i must have just missed it as i have been searching so many things, it can be hard to just find out what one thing is labeled to change the color of it haha! sierra chart has so many settings its bittersweet! getting it tuned is a chore that i would hate to have to redo some day!

Reply With Quote
 
  #4 (permalink)
Trading Apprentice
San Francisco
 
Futures Experience: Beginner
Platform: TWS, TOS, Sierra Chart
Favorite Futures: ES, CL, ZF, JPY
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received

ANSWERED for whom it may concern : well i did some searching and found that unfortunately you can only obtain market depth for 3 symbols at a time with interactive brokers. so i guess if you use IBKR data and plan to trade more than any 3 markets regularly you are screwed unless subscribing to other data or using another broker for data feed.


Reply With Quote
 
  #5 (permalink)
Elite Member
Christchurch, New Zealand
 
Futures Experience: Beginner
Platform: SC
Broker/Data: IB, BC, Dx Feed
Favorite Futures: US Equities
 
Neo1's Avatar
 
Posts: 417 since Jul 2014
Thanks: 467 given, 463 received


e368guy View Post
ANSWERED for whom it may concern : well i did some searching and found that unfortunately you can only obtain market depth for 3 symbols at a time with interactive brokers. so i guess if you use IBKR data and plan to trade more than any 3 markets regularly you are screwed unless subscribing to other data or using another broker for data feed.


Not sure why a Sierra chart user would consider using IB for futures data- With IB data you can't really pull accurate bid/ask allocation. Sierra also provides data at a rock bottom price, they are basically giving it away.

IB data is only useful for niche instruments, eg like when no one else supported the Nikkei 225 mini. Or equities depth, since no other retail provider offers the same level of depth. Even IQ feed / Nanex can not offer what IB does it terms of depth from each Exchange/ECN

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
The following user says Thank You to Neo1 for this post:
 
  #6 (permalink)
Trading Apprentice
San Francisco
 
Futures Experience: Beginner
Platform: TWS, TOS, Sierra Chart
Favorite Futures: ES, CL, ZF, JPY
 
Posts: 4 since Jul 2016
Thanks: 1 given, 0 received


Neo1 View Post
Not sure why a Sierra chart user would consider using IB for futures data- With IB data you can't really pull accurate bid/ask allocation. Sierra also provides data at a rock bottom price, they are basically giving it away.

IB data is only useful for niche instruments, eg like when no one else supported the Nikkei 225 mini. Or equities depth, since no other retail provider offers the same level of depth. Even IQ feed / Nanex can not offer what IB does it terms of depth from each Exchange/ECN


ill definitely check into there pricing. im kind of n00b to the futures world. Ive been using IB for stocks/options and also TOS. i then started on futures a while ago in TOS and there platform was great but figured its better having one account on IB and of course there commission beats tos.


i have noticed that when comparing the data feed with say think or swim it comes in very different and i often see large prints that i cant find in TOS or even TWS... not even combined.

for instance ill see TWS/Sierra printing blocks of 200~ etc with smaller ones in between however a lot of the large prints like that will show in TOS as a aggregate of different sizes i.e. 15, 25, 1,1, 35 etc.

ill also see mysterious huge prints in sierra like 1000+ that dont seem to exist anywhere else.

Reply With Quote
 
  #7 (permalink)
Elite Member
Christchurch, New Zealand
 
Futures Experience: Beginner
Platform: SC
Broker/Data: IB, BC, Dx Feed
Favorite Futures: US Equities
 
Neo1's Avatar
 
Posts: 417 since Jul 2014
Thanks: 467 given, 463 received


e368guy View Post
ill definitely check into there pricing. im kind of n00b to the futures world. Ive been using IB for stocks/options and also TOS. i then started on futures a while ago in TOS and there platform was great but figured its better having one account on IB and of course there commission beats tos.


i have noticed that when comparing the data feed with say think or swim it comes in very different and i often see large prints that i cant find in TOS or even TWS... not even combined.

for instance ill see TWS/Sierra printing blocks of 200~ etc with smaller ones in between however a lot of the large prints like that will show in TOS as a aggregate of different sizes i.e. 15, 25, 1,1, 35 etc.

ill also see mysterious huge prints in sierra like 1000+ that dont seem to exist anywhere else.

https://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php#Integration

$35 plus whatever exchanges you need.

"Full CME Group (CME, CBOT, COMEX, NYMEX) with Market Depth for nonprofessional Trading accounts: Price 15.75 USD/month. Can only be used by Sierra Chart users with a trading account with one of the supported futures Trading Services.
Symbols: CME, GBLX, CBOT, CBOTM, COMEX, CXMI, NYMEX, NYMI"

I doubt TWS provides accurate tick data.

If you want to verify the data you are looking at then just load up the equivalent symbol/ chart using Sierra Chart Historical Data- it's free, and should match whatever you would have seen in the real time feed. It should also closely match the likes of IQ feed, CQG, Rithmic in terms of trade size & bid/ask allocation.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
The following user says Thank You to Neo1 for this post:

Reply



futures io > > > > Market Depth/chart setups

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Depth of Market steve2222 Terms (Glossary) 0 May 13th, 2016 04:18 AM
Tick Chart Setups for Different Indexes sleapz Emini Index Futures Trading 11 December 22nd, 2014 01:12 PM
Is streaming market data including market depth available in Multicharts via an API? HFF Trader EasyLanguage Programming 11 May 4th, 2014 03:17 PM
Market Depth FGBL07 IB Trader Workstation 2 April 15th, 2013 04:28 PM
Custom Bar Type using Market Data and/or Market Depth Xav1029 NinjaTrader Programming 5 February 17th, 2013 11:53 AM


All times are GMT -4. The time now is 07:26 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-10-20 in 0.12 seconds with 19 queries on phoenix via your IP 54.224.13.210