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Sierra Chart... Whats difference in data feed?


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Sierra Chart... Whats difference in data feed?

  #1 (permalink)
 bxman 
Kent / UK
 
Experience: Beginner
Platform: Sierra Chart
Posts: 162 since Nov 2019
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I have decided that sierra charts is the platform for me though I've only traded in demo and now need to decide for live to use CQG or Rithmic data feed. Rithmic is almost 2x expensive, is it worth the extra cost? What's the benefit?
Thanks


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  #2 (permalink)
 jokertrader 
NYC, NY
 
Experience: Intermediate
Platform: Sierra, TT
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As retail I pay only the CME bundle fee for CQG I believe it’s not full depth except for crude. For both you pay a per contract fee for execution
Can u please elaborate how Rithmic is twice as costly? I know u have to pay an additional 20/month for Rithmic that gets subtracted from the per transaction cost


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  #3 (permalink)
 jokertrader 
NYC, NY
 
Experience: Intermediate
Platform: Sierra, TT
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Trading: Spread Researcher and crypto degen
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Looks like executing through Sierra with CQG feed is the cheapest ( but from personal experience I can tell u sometimes in a fast market especially with CL Sierra lagged the native QTrader platform for a few mins and ten back to normal - now that could have been my settings and may not apply in thicker markets)


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  #4 (permalink)
 bxman 
Kent / UK
 
Experience: Beginner
Platform: Sierra Chart
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From what I see the routing fee with cqg is .15 per contract and Rithmic is .25. So trying to see if Rithmic adds enough value over cqg to pay the extra. Thoughts?
Thanks


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  #5 (permalink)
 
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 Sad Planet 
Mossel Bay-South Africa
 
Experience: Intermediate
Platform: Sierra - MetaTrader 5
Broker: ActivTrades - Amp/Rithmic
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It seems as though Sierra doesn't want you to use either of those feeds:

https://www.sierrachart.com/SupportBoard.php?ThreadID=46231

https://www.sierrachart.com/SupportBoard.php?ThreadID=46141

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  #6 (permalink)
 bxman 
Kent / UK
 
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Thanks for that. Can I ask whoever is using sierra charts now if they have switched away from cqg/Rithmic data or are not worried?

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  #7 (permalink)
GreegT
Fernley NV/USA
 
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I recently switched to amp futures and saved a ton on data. They also give you a discount on Sierra charts so it's a win win. Their customer service is low quality; as far as, staff knowledge, but their availability is high. It's kinda the opposite of SC customer service .

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  #8 (permalink)
 bxman 
Kent / UK
 
Experience: Beginner
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What data are you using?

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  #9 (permalink)
 
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 vmodus 
Somewhere, Delaware, USA
 
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GreegT View Post
I recently switched to amp futures and saved a ton on data. They also give you a discount on Sierra charts so it's a win win. Their customer service is low quality; as far as, staff knowledge, but their availability is high. It's kinda the opposite of SC customer service .

You have me cracking up over here....I use Sierra and I concur.

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  #10 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
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bxman View Post
Thanks for that. Can I ask whoever is using sierra charts now if they have switched away from cqg/Rithmic data or are not worried?

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AMP & CQG data here. I think SC kind of acknowledge that for traders (like me) who trade Asian and Eurex markets that there really is no alternative to CQG with SC as SC's promoted data solutions don't cover all those non US markets.

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Last Updated on December 15, 2019


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