NexusFi: Find Your Edge


Home Menu

 





39 levels on the DOM


Discussion in Commodities

Updated
      Top Posters
    1. looks_one Tap In with 5 posts (2 thanks)
    2. looks_two ElectricSavant with 2 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Jigsaw Trading with 1 posts (8 thanks)
      Best Posters
    1. looks_one Jigsaw Trading with 8 thanks per post
    2. looks_two noobforlyfe with 4 thanks per post
    3. looks_3 tr8er with 2 thanks per post
    4. looks_4 Tap In with 0.4 thanks per post
    1. trending_up 3,267 views
    2. thumb_up 17 thanks given
    3. group 5 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
Search this Thread

39 levels on the DOM

(login for full post details)
  #1 (permalink)
 
Tap In's Avatar
 Tap In 
Bend, OR
 
Experience: Intermediate
Platform: Sierra Charts
Broker: Global Futures/OEC
Trading: NQ, CL
Posts: 948 since Feb 2013
Thanks Given: 2,162
Thanks Received: 2,082

For some reason I am getting 39 levels on the DOM in Gold this week. I love the visibility.

Anyone know what this is all about?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
IQFeed MBO data experience
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
ZigZag displaying ticks
Platforms and Indicators
ISO Equity Curve Indicator
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
GFIs1 1 DAX trade per day journal
28 thanks
Supertradersams Thread Journal on NQ/MNQ
26 thanks
Tao te Trade: way of the WLD
20 thanks
Just another trading journal: PA, Wyckoff & Trends
12 thanks
1% Risk Journal
11 thanks

(login for full post details)
  #3 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,902 since Sep 2015
Thanks Given: 15,363
Thanks Received: 15,177



Tap In View Post
For some reason I am getting 39 levels on the DOM in Gold this week. I love the visibility.

Anyone know what this is all about?

Hey Tap In, good to see you back on FIO.

I just checked via CQG and I can only see 10 levels for GC (unlike CL which, for a while now it's been showing the whole of the order book).

Which platform are you using?

Reply With Quote
The following user says Thank You to xplorer for this post:
(login for full post details)
  #4 (permalink)
 noobforlyfe 
Toronto , Ontario, Canada
 
Experience: Beginner
Platform: Sierra Chart, SC
Trading: Emini ES, CL, USD/CAD
Posts: 424 since Jun 2016
Thanks Given: 1,386
Thanks Received: 727

https://www.sierrachart.com/SupportBoard.php?ThreadID=36967


SC's new update

sep 19- 40 levels of market depth is now available for YMZ18, GCZ18 when using the Sierra Chart Exchange Data Feed on one of the serv
sep 21- We have now released 40 levels of market depth for symbol ESZ18, with the Sierra Chart Exchange Data Feed, on one of the servers.

Visit my NexusFi Trade Journal Reply With Quote
The following 4 users say Thank You to noobforlyfe for this post:
(login for full post details)
  #5 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
Thanks Given: 219
Thanks Received: 709

with Rithmic-data, you can see the entire order-book not just 39 levels

Reply With Quote
The following 2 users say Thank You to tr8er for this post:
(login for full post details)
  #6 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,392

39 is a strange number....

The amount of depth available can be limited by the exchange/feed/platform.

But it's all nonsense. In an age of co-location and nanosecond reaction times, what exactly would seeing depth 39 levels out do for you?

I ask you this as a trader AND a platform provider that can give you depth hundreds of levels out.

It'd just mental masturbation.

Anything 2 or 3 levels out is at risk of being hit. There is significance in that.

Outside that it's just the hedgers limits that could be considered 'real'. If real, the market can still chew through them and move on. Even then, you only know how real a level is when you get close.

It's a tough game.

This is not the answer IMO.

Sent from my SM-A720F using Tapatalk

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Visit my NexusFi Trade Journal Reply With Quote
The following 8 users say Thank You to Jigsaw Trading for this post:
(login for full post details)
  #7 (permalink)
ElectricSavant
Maricopa, AZ.
 
Posts: 24 since Sep 2018
Thanks Given: 1
Thanks Received: 6

I can confirm this.

ES

P.S. It would be nice to be able to set it...or at least get a settable cumulative...




tr8er View Post
with Rithmic-data, you can see the entire order-book not just 39 levels


Reply With Quote
(login for full post details)
  #8 (permalink)
 
empty's Avatar
 empty 
Louisville, Kentucky
 
Experience: Intermediate
Platform: Sierra Chart, TastyTrade
Broker: Various
Trading: Futures, Options
Posts: 100 since Oct 2012
Thanks Given: 1,938
Thanks Received: 195


ElectricSavant View Post
P.S. It would be nice to be able to set it...or at least get a settable cumulative...

It is configurable per chart. I asked. https://www.sierrachart.com/SupportBoard.php?PostID=158059

Follow me on Twitter Reply With Quote
(login for full post details)
  #9 (permalink)
ElectricSavant
Maricopa, AZ.
 
Posts: 24 since Sep 2018
Thanks Given: 1
Thanks Received: 6

Thanks. I do not have Sierra charts. It would be nice if RtraderPro had the configurable cumulative Delta.

Es


empty View Post
It is configurable per chart. I asked. https://www.sierrachart.com/SupportBoard.php?PostID=158059


Reply With Quote
(login for full post details)
  #10 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,439
Thanks Received: 3,788



ElectricSavant View Post
Thanks. I do not have Sierra charts. It would be nice if RtraderPro had the configurable cumulative Delta.

Es

I will ask Rithmic if they can add that.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote





Last Updated on September 23, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts