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I think a lot of people may be potentially interested in this. Could you please explain how this works, what does it mean to "use T4 through Sierra", and how do you set it up?
I didn't do anything special, at least I don't think I did. Checked out the sierra demo, used my T4 login credentials. Tested the charting, and dom and was golden, I have never tried to trade from the chart though, but i don't see why it would be different than the DOM.
One peculiar thing is that I cannot figure out how to switch accounts Through sierra, right now I can only trade on the smallest account. which is fine for me because I dont have a ton of scrapped combines like some of the folks.
If you give sierra a try and have trouble getting it setup I can try and go into greater detail about my settings, but I don't think its anything special.
I'd like more details. A few months ago when I tried what you described, trades I made via Sierra did not show up on my combine account. And, with TST's response today, it would seem that nothing has changed. However, I am completely open to actually getting to use SC instead of T4
Thanks, in advance, for the info.
Luck is what happens when preparation meets opportunity. ~ Seneca
Ok, lots of stuff flying around here. Since some users have successfully used Sierra to trade the TST combines, I'll assume that obviously this works. A few clarifications:
* T4 - A trading program; has a DOM, as well as charts and more for an additional fee
* CTS - Cunningham Trading Systems; they distribute T4. They also have a clearing firm, and provide data.
* Sierra Chart - Another trading program, a frontend, which is used to place orders just like T4 is. Sierra can connect to CTS just like T4 can. It can also connect to TT, Rithmic, IB, and others to route orders and receive data.
Thus, it is logical that anything that can connect to and place orders with CTS can be used with TopStep, and it seems that this is the case. Further, I don't see why TST would care whether or not T4 or Sierra or some other program was used; as long as they can see positions, orders, and verify trading activity, why do they care?
If/when Ninja is supported by TopStep, it will use the ZenFire feed, not CTS (as Ninja does not support CTS). Obviously Ninja will be available to place orders with TST (what else would it be used for that it can't already do?).
You must install multiple copies of Sierra for each brokerage account. Unlike NT, multicharts, etc., you do not simply select a different account and trade it. Sierra's reason for this is that it makes debugging much easier, as each installation can connect to only one data provider (whether that data provider allows order routing like CTS, or not, like IQFeed). Using one installation of Sierra, you can open a data file from another installation, but you must install multiple copies for each data source you want to use.
Assuming TopStep is set up normally, then yes, you can login to T4 and Sierra at the same time, though you do not need to log in to both unless you need special order types that T4 offers that Sierra does not (such as AutoOCO). An order placed in Sierra shows up in T4, and vice versa, including modifications, cancellations, etc. Like IMAP for email.
@josh, thank you, great info. For multiple accounts in Sierra, you can use them in one installation, but not simultaneously, by going to the Data/Trade Service settings and entering the info for each manually, right? For multiple simultaneous logins, you will need multiple installations of Sierra running. This is a pain because then you need to keep all your chartbooks, platform settings, etc etc in sync between each installation.