Hi,

I am a bit confused. I am thinking about using Sierra charts as my trading platform.

My broker is IB and I will be using IQ as my data feed. Does this mean that I need two instances of Sierra running?

And when that is true I have to switch charts to execute my trades?


What I really want is that I have one chart where the data from IQ is displayed and where I can use the chart trader on the exact same chart. Is that possible at all?

I just found the answer myself

Sierra Chart - Using Multiple Services or Multiple Trading Accounts at the Same Time
Sierra Charts running but you can share data between them and so trade from one chart.

Yes, I do it with multiple brokers & IQFeed and works perfectly.

I have my main charting instance of Sierra for all my charts, powered by IQFeed.

Then I have other instances of Sierra that are DOM's only for brokers. I even have Volume Profile data on my DOM from IQFeed, while the 'last' is from the broker. Very powerful.

Example ES DOM. This is the only thing open in this instance of Sierra. The volume profile is from a remote chart, from the other instance of Sierra running IQFeed charts.



Mike

Big Mike 

Yes, I do it with multiple brokers & IQFeed and works perfectly. I have my main charting instance of Sierra for all my charts, powered by IQFeed. Then I have other instances of Sierra that are DOM's only for brokers. I even have Volume Profile data on my DOM from IQFeed, while the 'last' is from the broker. Very powerful. Example ES DOM. This is the only thing open in this instance of Sierra. The volume profile is from a remote chart, from the other instance of Sierra running IQFeed charts. Mike

@Big Mike

Yes it is working like a charm.

One more question now that you brought up volume profile. I added a cumulative delta to my chart but it is only printing dashes, does that mean I need a level II subscription?

MarpleTrading 

@Big Mike Yes it is working like a charm. One more question now that you brought up volume profile. I added a cumulative delta to my chart but it is only printing dashes, does that mean I need a level II subscription?

If you are trying to do cumulative delta with IB, don't. It's a waste of time.

Delta just requires L1 to know if the trade was at the bid or offer. But I think L2 is part of the CME futures group with IQFeed. IQFeed also has historical bid/ask, so it can backfill.

Mike

Big Mike 

If you are trying to do cumulative delta with IB, don't. It's a waste of time. Delta just requires L1 to know if the trade was at the bid or offer. But I think L2 is part of the CME futures group with IQFeed. IQFeed also has historical bid/ask, so it can backfill. Mike

@Big Mike

Yes that is why I have IQ, IB is horrible

So my next project is to figure out how to get the back fill data loaded.

MarpleTrading 

@Big Mike Yes that is why I have IQ, IB is horrible So my next project is to figure out how to get the back fill data loaded.

Glancing at that chart, you are using IB not IQFeed. Post the chart settings.

Mike

Big Mike 

Glancing at that chart, you are using IB not IQFeed. Post the chart settings. Mike

@Big Mike

Here they are:

[img]https://nexusfi.com/v/ddxfd6.png[/img]

Ah, I also see that my chart is delayed. I see the actual price, but the bars appear like 15 mins later.
May be my account needs to be verified or whatever, set-up this morning (GMT).

This morning I spoke with a support guy from IQfeed and he told me that it was not possible to get back fill on cumulative delta because IQ doesn't store market bid and ask volume :S