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Sierra Chart Price Increase


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Sierra Chart Price Increase

  #11 (permalink)
 
qsceszwasdx's Avatar
 qsceszwasdx 
Taipei Taiwan
 
Experience: Intermediate
Platform: TV, SC, QT
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
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DanDaMan View Post
If they increased their price 500%- what they offer would still be under priced. They also have multiple price tiers and products- may I add.

I think you simply do not understand the power available to a serious trader with Sierra Chart. I have driven a bunch of other platforms, professionally- not Mickey Mousing with them. There are other good platforms as well, some better suited out of the box for various trading methods- but IMO they all fall short of what Sierra is capable of at the end of the day.

Personally, and within the industry, Sierra is very highly regarded as one of the most capable, fast (C++ through and through, no room for interpretation here- this is Wall Street quality and efficient code), reliable, feature rich, and extensible platforms out there.

Their customer support is FANTASTIC for real issues. I’ve had multiple things addressed within under an hour, sometimes within minutes- and always within the same business day. Once or twice I discovered issues that they patched up when pushing the next update within 24-48hrs. Often people will misjudged what is really a problem and what is not. They will always deal with an actual problem- and they are good at identifying what is and what is not. For issues where it is the user that is misguided or does not understand- they will most often point you in the right direction in their extensive and elaborate documentation. Most other issues are addressed in their forums.

They do not take feature requests, as they already have a very extensive road-map for what is already as near to completion as any offering out there.
As traders- we all have our own quirks and features and functionality we would like to see- but it is so personal and there could be an infinite amount of possibilities. Thus the power of ACSIL and the ease of integrating and customizing yourself with C++.

Can they be a bit more ‘polite’ or have ‘bedside manners’ regarding support…. Sure…..
But I’ll take their fantastic software and amazing support engineers over the other competitors any day, every time given the choice. The alternatives, I assure you, will be nicer to you, and give you an inferior product. But at least they’ll be polite about it.

Not everyone needs the functionality (and added complexity) that Sierra offers. There are many other adequate quality alternatives, updated much less frequently- that will satisfy most retail needs.

NT8, Multicharts etc. Check them out. They are also very good.


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There is no any benefit for traders who want to trade options or only trade Asian exchanges to use package 12.

And there is definitely no any benefit for traders who want to trade options or only trade Asian exchanges to use package 10 or higher since Denali data feed doesn't including data of Asian exchange, and SC said this will never support.

According to above statement, even the same price it is overprice to traders who want to trade options or only trade Asian exchanges, so it is absolutely not reasonable to charge more to us.

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  #12 (permalink)
 
qsceszwasdx's Avatar
 qsceszwasdx 
Taipei Taiwan
 
Experience: Intermediate
Platform: TV, SC, QT
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
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josh View Post
Nope. I use package 5, and it is the same $36 it has been for quite some time. Don't post inaccurate things like this if you can't back it up with numbers.

Hi Josh, what op said is not inaccurate thing, looks the following from SC website:

Effective January 15, 2022, Service Package 5 or higher will be required to use CQG when there is a usage time renewal, or for new Sierra Chart accounts.

And sometime thereafter, probably March 2022, there will be a requirement that Service Package 10 or higher is required to use CQG in the same way.

And eventually, when there is sufficient support for the Teton order routing service among the clearing firms, and we have EUREX trading support added to Teton, probably we will require package 12 to use CQG. CQG support will remain for those who want to trade futures options, or want to trade less common exchanges like the Asian exchanges.


https://www.sierrachart.com/SupportBoard.php?PostID=288462

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  #13 (permalink)
 
josh's Avatar
 josh 
Georgia, US
Legendary Market Wizard
 
Experience: None
Platform: SC
Broker: Denali+Rithmic
Trading: ES, NQ, YM
Posts: 6,229 since Jan 2011
Thanks Given: 6,770
Thanks Received: 18,187



qsceszwasdx View Post
Hi Josh, what op said is not inaccurate thing, looks the following from SC website:

Effective January 15, 2022, Service Package 5 or higher will be required to use CQG when there is a usage time renewal, or for new Sierra Chart accounts.

And sometime thereafter, probably March 2022, there will be a requirement that Service Package 10 or higher is required to use CQG in the same way.

And eventually, when there is sufficient support for the Teton order routing service among the clearing firms, and we have EUREX trading support added to Teton, probably we will require package 12 to use CQG. CQG support will remain for those who want to trade futures options, or want to trade less common exchanges like the Asian exchanges.


https://www.sierrachart.com/SupportBoard.php?PostID=288462

The OP is not talking about the future, he's talking about past price increases, which I've shown have not occurred in the base software cost.

Why is this so hard?

I do appreciate you posting about this, as it will affect me as a CQG user.

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  #14 (permalink)
 chiebert 
Vancouver BC Canada
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Interactive Brokers
Trading: ES
Posts: 3 since Nov 2012
Thanks Given: 7
Thanks Received: 11

I've been using Sierra Chart since 2009 & possibly even before that. There was a moderate initial learning curve & I'll admit that I walked away from it once or twice in the beginning for a few months because of it. In my opinion, it is a fantastic trading platform. The costs have gone up for me over the 13 years, but not by much & not more than you'd expect over that period. I'll use their support once or twice a year & haven't had any issues. I use it for futures trading & stock/futures analysis.

The company's software & philosophy are a good fit for me, but not for everyone.

All the best for you in 2022.

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  #15 (permalink)
 
DanDaMan's Avatar
 DanDaMan 
QC/Canada
 
Experience: Beginner
Platform: Sierra Chart, NinjaTrader
Trading: ES
Posts: 99 since May 2020
Thanks Given: 327
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qsceszwasdx View Post
There is no any benefit for traders who want to trade options or only trade Asian exchanges to use package 12.

And there is definitely no any benefit for traders who want to trade options or only trade Asian exchanges to use package 10 or higher since Denali data feed doesn't including data of Asian exchange, and SC said this will never support.

According to above statement, even the same price it is overprice to traders who want to trade options or only trade Asian exchanges, so it is absolutely not reasonable to charge more to us.

What does any of this have to do with my reply post that you quoted?
Just to be clear- your assertion that Sierra is not good or 'worth it' because you can't trade Asian exchanges using Denali as you suggested is illogical. It is not geared towards this, so why would you even judge it by that yard stick?

Guys, come on... seriously. A trading package is very personal, and everyone has different needs. At least be logical about how you judge something.
Clearly you can't knock a package for not doing what you want it to do- if it was not made for that in the first place. It's not like they offer that service and it's broken.
Everything Sierra is designed to do, it does very well (for the most part), and offers incredible amounts of customizability unseen in any other retail package. It might not be designed for what YOU need. So look elsewhere.

I'm not a Sierra Chart 'fanatic' or anything of the sort.
The only reason I am even putting a few minutes into typing these messages in this thread to their defense is the same reason I have done in other threads-
People come to this forum to get informed. If I can do my part in making sure they are properly informed, I will.

So if someone comes and bashes a good tool, for reasons that are not (in my opinion) sound or valid- it should be countered and rebuffed civilly; as done here- when I saw a thread titled as it is here, and erroneous information (or misinformation) provided.

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  #16 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010


DanDaMan View Post
What does any of this have to do with my reply post that you quoted?
Just to be clear- your assertion that Sierra is not good or 'worth it' because you can't trade Asian exchanges using Denali as you suggested is illogical. It is not geared towards this, so why would you even judge it by that yard stick?

Yes its like Amazon book reviews " one star because book was late for week" or " one star because book arrive damages " ...

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  #17 (permalink)
 
qsceszwasdx's Avatar
 qsceszwasdx 
Taipei Taiwan
 
Experience: Intermediate
Platform: TV, SC, QT
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
Posts: 117 since Jan 2017
Thanks Given: 135
Thanks Received: 100


DanDaMan View Post
What does any of this have to do with my reply post that you quoted?
Just to be clear- your assertion that Sierra is not good or 'worth it' because you can't trade Asian exchanges using Denali as you suggested is illogical. It is not geared towards this, so why would you even judge it by that yard stick?
Guys, come on... seriously. A trading package is very personal, and everyone has different needs. At least be logical about how you judge something.
Clearly you can't knock a package for not doing what you want it to do- if it was not made for that in the first place. It's not like they offer that service and it's broken.

Look carefully, where I said SC trading platforms is not good? That is your guess.
And you definitely don't see what I wrote at #10 #11 #12,

SC now is forcing CQG trader like me to move to their direct order route, otherwise you need to use their package 12 to use CQG.
https://www.sierrachart.com/SupportBoard.php?PostID=288462

However, you can't trade CME options and Asian exchange product through their direct order route, and there is no any benefit for me to use package 12.

Tell me, what kind of logics can let traders as me to agree you that SC is under priced?

DanDaMan View Post
If they increased their price 500%- what they offer would still be under priced.


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  #18 (permalink)
 
qsceszwasdx's Avatar
 qsceszwasdx 
Taipei Taiwan
 
Experience: Intermediate
Platform: TV, SC, QT
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
Posts: 117 since Jan 2017
Thanks Given: 135
Thanks Received: 100


DanDaMan View Post
If Sierra Chart increased their price 500%- what they offer would still be under priced.


DanDaMan View Post
I'm not a Sierra Chart 'fanatic' or anything of the sort.

Hahaha, really?

If this is the Logic you are talking about, what I can say only unbelievable.

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  #19 (permalink)
 
qsceszwasdx's Avatar
 qsceszwasdx 
Taipei Taiwan
 
Experience: Intermediate
Platform: TV, SC, QT
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
Posts: 117 since Jan 2017
Thanks Given: 135
Thanks Received: 100


lemons View Post
Yes its like Amazon book reviews " one star because book was late for week" or " one star because book arrive damages " ...

Are you seriously?

What you mentioned is possibly happen to anyone, and Amazon have "no intent" to do that.

But look at what I wrote, SC have intent to do that, because they want to phase out CQG.
https://www.sierrachart.com/SupportBoard.php?PostID=289522

Now CQG users become commercial tool of SC to help them defeat their competitor.

This is "totally" different from what you mentioned, only "fanatic guys" will want to dwarf themself to become commercial tool of SC voluntarily without any paid.

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  #20 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010



qsceszwasdx View Post
Are you seriously?

What you mentioned is possibly happen to anyone, and Amazon have "no intent" to do that.

But look at what I wrote, SC have intent to do that, because they want to phase out CQG.
https://www.sierrachart.com/SupportBoard.php?PostID=289522

Now CQG users become commercial tool of SC to help them defeat their competitor.

This is "totally" different from what you mentioned, only "fanatic guys" will want to dwarf themself to become commercial tool of SC voluntarily without any paid.

Its normal to SC widen the portfolio of services.
Boo hoo why Tesla can make and sell BMW to me. Stupid Tesla just stupid

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