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Updated September 23, 2018
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September 23rd, 2018, 08:48 PM
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: 2,083
xplorer
Hey Tap In, good to see you back on NexusFi.
Thanks. I'm still trading and lurking around NexusFi. Went off to do some trading exploration out of the public eye.
September 23rd, 2018, 08:51 PM
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: 2,083
noobforlyfe
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.
Well, that answers that. Another reason to love Sierra Charts. Thanks for the answer!
September 23rd, 2018, 08:52 PM
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: 2,083
tr8er
with Rithmic-data, you can see the entire order-book not just 39 levels
That is awesome but 40 levels is quite enough for me!
September 23rd, 2018, 09:12 PM
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: 2,083
DionysusToast
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
I think I mis-counted. It's probably 40 levels.
I am generally with you on your comments about the DOM . The only thing I use it for is looking for large anomalies, and mostly on the lower volume instruments like CL.
Price seems to want to move to fill these anomalies.
Last Updated on September 23, 2018