Sierra Chart and multiple trading accounts or data feeds
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Sierra Chart and multiple trading accounts or data feeds
Hi guys,
So as I continue to enjoy Sierra Chart I want to set it up so that DTN IQfeed powers my charts and DOM, and TT FIX via Velocity handles order executions.
I've read it, but wanted to get some feedback from users on futures.io (formerly BMT) that have actually done this (set up multiple copies of Sierra).
Attached is my current chart. I want to maintain this -- charting + DOM depth + chart trader + DOM on right. I am having a hard time understanding how this will be possible based on the "two installations" idea of Sierra Chart. Where I get hung up is how exactly will the Trading DOM still be attached to the right of my chart? How exactly will chart trader still work?
Mike
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Hopefully this is what you are asking, but as I understand it, the first instance is set up as normal and connects to the data and feeds the data files. In the first instance you only need to open a chart for each symbol you want to use. The second instance is connected to the broker for trading. In the second instance you set it up like you want for trading, then you change the Alternate Real Time Update Symbol under Chart Settings: Main Settings to the symbols used by the data feed, then check Disable Data File Updating under Chart Settings: Advance Settings for each chart that you have, then change the data directory to the same directory as the data files being updated by the first instance under General Settings: General. Then you just trade through the second instance like normal. I tried to do it with IB and Velocity for the heck of it just to try it out, but I it kept giving me some error I could not resolve. I can't remember what it was at this point. I didn't put alot of time into since it wasn't important to me, but it seemed way more complicated than it should have been.
The following 2 users say Thank You to vegasfoster for this post:
I trade with multiple copies using IB and IQFeed as vegasfoster has explained. It works fine for me, however, I am getting my market depth updates from IB. As far as I know, your TT Fix would need to power your DOM. Otherwise all would work as you have set up. There has been mention of a new simplified model for this expected in a couple months on the SC support board.
The following user says Thank You to Jolew for this post:
I have IQ and Rithmic set up, works fine. The main thing to worry about is getting the dual feed charts set up correctly so you are not messing up your data files (follow the directions) since they are sharing a data dir.
Once set up, you can have charts that are feed with either feed or both feeds. You can have charts driven by feed1 if the other SC copy 1 is collecting data for the symbol, and you can have charts running for feed2.
The main issue with this model is if you need to set up a new deal feed chart (or change symbol) it is a little cumbersome.
The following 2 users say Thank You to aslan for this post:
You may not be able to do it at this time if DTN.IQ and TT have different data format. TT's quotes are all integers, so most likely they are different from DTN.IQ.
Crap. That throws a big wrench into things for me. I was really wanting to use SC until MC get's their dom finalized (and maybe even beyond). Now that means I'd have to abandon IQfeed to do it, or abandon chart trader.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
I am not willing to switch brokers just for a platform
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
