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Sierra DOM versus Jigsaw


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Sierra DOM versus Jigsaw

  #11 (permalink)
Howard Roark
Oslo Norway
 
Posts: 439 since Aug 2018
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Sierra seems like a superior solution at least if price is factored in.

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  #12 (permalink)
MichaelFlowTrader
Atlanta
 
Posts: 152 since Jan 2017
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Howard Roark View Post
Sierra seems like a superior solution at least if price is factored in.

Indeed, it doess. I'm moving over to Sierra because I'm impressed with the DOM, the charting package has everything, and all for just $200/year.

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  #13 (permalink)
Howard Roark
Oslo Norway
 
Posts: 439 since Aug 2018
Thanks Given: 393
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MichaelFlowTrader View Post
Indeed, it doess. I'm moving over to Sierra because I'm impressed with the DOM, the charting package has everything, and all for just $200/year.

Sierra seems very popular on these forums. Personally, I can't handle the interface and design. I'm spoiled with Ninja which might be an inferior platform, but easier to use (at least for me) and prettier (stupid, I know).

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  #14 (permalink)
MichaelFlowTrader
Atlanta
 
Posts: 152 since Jan 2017
Thanks Given: 43
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Howard Roark View Post
Sierra seems very popular on these forums. Personally, I can't handle the interface and design. I'm spoiled with Ninja which might be an inferior platform, but easier to use (at least for me) and prettier (stupid, I know).

I started Demo trading it over the weekend, and I like the tools it offers under the hood. I like that the DOM gives me the 'prints' similar to like Jigsaw and ATAS.

--What I don't like is that I can't fully manipulate the look. I can't get rid of all the white or bright parts and the color functions that should be able to do that won't.

--I also don't like the design, it isn't sharp looking.

--I can't use Ninja because it doesn't give me what I want DOM wise, but it is slick. The best looking platform to me is TT, but still, it is missing some features that Sierra has.

Pricewise, I do not believe it can be beaten.

*It reminds me of a more modern CTS T4, but with better features. Dare I call it, utilitarian.


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  #15 (permalink)
MichaelFlowTrader
Atlanta
 
Posts: 152 since Jan 2017
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After a week with SC, besides the style issues, my biggest major issue is execution. It just doesn't make trading as easy as TT's MD Trader DOM. I do enjoy the Keyboard shortcuts and have made several, but the GUI. FLOW and so on are not as good as TT. The multiple data feed watchlist and potential DOMs so that I can watch the cash market as a price indicator might keep me using SC.

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  #16 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
Posts: 428 since Jul 2014
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MichaelFlowTrader View Post
After a week with SC, besides the style issues, my biggest major issue is execution. It just doesn't make trading as easy as TT's MD Trader DOM. I do enjoy the Keyboard shortcuts and have made several, but the GUI. FLOW and so on are not as good as TT. The multiple data feed watchlist and potential DOMs so that I can watch the cash market as a price indicator might keep me using SC.

Do you know how to set up the platform? You can customize the dom to function similar to TT/ Jigsaw.


"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"
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  #17 (permalink)
 
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 CenFlo 
Tampa FL
 
Experience: None
Platform: TOS/TradingView
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Trading: Equities/Cryptos
Posts: 642 since Apr 2016
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Howard Roark View Post
Sierra seems very popular on these forums. Personally, I can't handle the interface and design. I'm spoiled with Ninja which might be an inferior platform, but easier to use (at least for me) and prettier (stupid, I know).

Those are fairly common complaints, but if you can get past those and learn the platform, you'll find that SC is far superior to most all other platforms on all levels.

It's super fast, updated very often and the price is unbeatable. It just takes a little time to get used to it and learn how to use it. Once you do, you'll discover that it's capable of anything you can imagine.

You miss 100% of the shots you don't take. - Wayne Gretsky
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  #18 (permalink)
MichaelFlowTrader
Atlanta
 
Posts: 152 since Jan 2017
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Neo1 View Post
Do you know how to set up the platform? You can customize the dom to function similar to TT/ Jigsaw.


I used that video 2 weeks ago to set it up. That guy is great.

Sent using the NexusFi mobile app

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  #19 (permalink)
 tulanch 
Salt Lake City, UT
 
Experience: Intermediate
Platform: SC, NT, MT
Broker: AMP
Trading: NQ ES YM Bonds
Posts: 265 since Mar 2010
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I was some what forced to change from Ninja which I really liked. I now use Sierra Chart (SC). It has so many bells and whistles, I learn something new every day. The DOM is killer - click the little M button and turn off confirmation. General Graphic settings to change colors. Lots of u tube vids that help learn SC. With charts, just below the base color of the study is a drop down that by default says none, change it to "slope" and you can change the color of the graph based on the slope. Alerts are cool, they even have a color background study that changes the background color based on an alert you configure (no programming required). I did a lot of and loved programming in NT but I have found I can use the SC study configuration UI to do a lot of what I want. I can also have numerous charts and the DOM up with no system degradation even with 1 tick charts . They are quick to respond to questions and the docs are not too bad once you "speak" SC

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  #20 (permalink)
whats1thingnow
Whistler, BC
 
Posts: 34 since Dec 2015
Thanks Given: 25
Thanks Received: 9


been trying to get sierra dom closer to how it works on jigsaw for a while now and sc just isn't budging...

maybe with more people requesting this and adding "+1", they will pay more attention: https://www.sierrachart.com/SupportBoard.php?PostID=150979

basically, there are two main things missing on sc dom compared to jigsaw:

1) highlight for both bid and ask for whats currently being hit

2) from jigsaws manual which makes complete sense to see what's is trading and what has left (high strength move will leave a lot of blanks on one side):


Quoting 
In this example we can see 90 contracts have traded at 1317.75 and 0 contracts have traded
at 1318.00. When this 1317.75/1318 became this inside bid/offer, we reset the number of
trades here and started to accumulate them. So, if we leave a price and come back to it, the
qty of contracts in these columns is reset.

There is an exception to this. If we leave a price for a short period of time and come back to it,
then we do not clear the traded quantities. By default that ‘short period of time’ is set to 2500
milliseconds (2.5 seconds).

The idea is that we show the number of contracts to push through the level but it often leaves
a level for just a short amount of time and comes back to it. In that case, we don’t consider it
to have really left


Right now, sc has implemented so that either
1) the volume resets every time the bid/ask changes
OR
2) the volume accumulates according to the set time (e.g. 2500 milliseconds)


anyone who is used to the jigsaw dom will know these two should not be mutually exclusive, but rather work together... thus, for someone coming from jigsaw, it really is difficult to make the full switch to the current state of sc dom


below are examples of how jigsaw dom works, but is NOT possible with sc:


Quoting 
Example 1: The initial Bid Price is 6575 and accumulates a volume of 2. The Bid Price then moves to 6576 and accumulates trades with a total volume of 3. The Bid Price then returns to 6575 in less than 2500 milliseconds and NOTHING TRADES. In this case, the Recent Bid volume at the price of 6575 is not reset and continues to accumulate now starting at a value of 2.

Example 2: The initial Bid Price is 6575 and accumulates a volume of 2. The Bid Price then moves to 6576 and accumulates trades with a total volume of 3. The Bid Price then returns to 6575 in less than 2500 milliseconds and another trade occurs with a volume of 1. In this case, the Recent Bid volume at the price of 6575 is not reset and continues to accumulate now starting at a value of 3.

Example 3: The initial Bid Price is 6575 and accumulates a volume of 2. The Bid Price then moves to 6576 and accumulates trades with a total volume of 3. The Bid Price then returns to 6575 in more than 2500 milliseconds and NOTHING TRADES. In this case, the Recent Bid volume at the price of 6575 is reset to 0.

Example 4: The initial Bid Price is 6575 and accumulates a volume of 2. The Bid Price then moves to 6576 and accumulates trades with a total volume of 3. The Bid Price then returns to 6575 in more than 2500 milliseconds and another trade occurs with a volume of 1. In this case, the Recent Bid volume at the price of 6575 is reset and starts to accumulate at a value of 1.

please help vote up on this sierra thread (https://www.sierrachart.com/SupportBoard.php?PostID=150979) by adding "+1 to post #27 and #28" if you want sc's dom to get better.


thank you so much in advance!!!

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Last Updated on November 23, 2019


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