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Well, if it was me, I would want to trade off my brokers data, which is faster than IQ, but backfill with IQ and use IQ for things like Delta calc, which does not need to be directly on the trade chart.
I agree TT is faster than IQfeed. But I didn't think it would be possible to mix TT and IQfeed on a single chart, please tell... you see my screen shot in post #1, top panel can be TT real-time + IQfeed backfill, bottom panel is CD and needs to be IQfeed only.
The chart panel and indicators can be from IQfeed using Study/Price overlay (in fact, overlay is not necessary if IQ and TT have the same data format). the DOM depth has to be from TT.
I'm also not sure mixing TT chart and IQfeed chart is smart. Just thinking out loud, when my 6 range bar closes on price panel it will force a close of panel 2 (iqfeed), which may or may not be in sync because the iqfeed data is slightly slower....
I know I could simplify and just use TT, but then I am knowingly using an inferior product for charting, and I dislike that notion.
It seems like Sierra Chart really should just fix this. The way I understand the issue, TT delivers quotes in whole integers - no decimals. So they simply need to add a new feature when using FIX to add a price scale to the quotes... right? It seems like it wouldn't be that difficult. That seems to be what the thread on SC support was about, anyway. Although to be honest, I still don't understand how that solves the IQfeed charting + TT execution problem. Maybe it doesn't.
OK, I am still a novice at Sierra so forgive me. Your saying I can use Study/Price 'indicator' to drive panel 2 off an entirely different instance (different install directory) chart? Because panel 1 would need to be TT FIX to get DOM depth + chart trader, so in order for panel 2 to be IQfeed, the way I understand it I would need to run two copies of Sierra Chart concurrently. I didn't realize they could communicate with each other.
I believe they do not, per the SC support thread. TT has the unusual situation of quoting in all integers.
You are getting a little out of my comfort zone since I am using a single feed now, but I am sure someone else can help get it right.
The key is your trading chart needs to be driven by TT (either using the alternate symbol if IQ is driving or straight up with the regular TT symbol) in order to trade. The multiply issue mentioned above might mean a TT/IQ chart is not possible if I read it right. If so, then just drive the trade chart straight up with TT. Your longer term charts, if you use them, can then be driven by IQ only.
You should be able to build your Delta on another chart that is IQ only. You then use the overlay studies to show that IQ Delta on your TT chart. You should already be using the overlay in some fashion to do delta, you just now pull it from a IQ driven chart and display in TT chart.
To make this work, you need to run one SC that gets the IQ data you want. It just needs simple charts that run so the data is being collected. Then run another instance of SC that uses the same data dir but connects to TT. The multiple instance thing is a pain, but does work pretty well.
Instance #1 - IQfeed, 1 tick chart for cumulative delta purpose only
Instance #2 - TT FIX, my normal charts (ie: 6 range) where Panel #1 is driven by TT, which would of course mean DOM and chart trader work, but Panel #2 is somehow driven from Instance #1?
I guess the part I didn't realize earlier was that two separate installations of Sierra Chart could talk to each other.
The second concern I posted a few posts back --- since we know TT feed is faster, when a 6 range bar closes in panel 1 of the TT FIX chart it would make the panel 2 iqfeed chart close the bar as well, but really not all the CD would be 'accounted for' yet because of the slight delay/out-of-sync issue between TT and IQfeed, right? So this seems like a bad idea, but maybe in practice it makes no discernible difference.
You need to install two instance of SC, say: C:\SC-IQ and C:\SC-TT
Then in the global settings - > general settings, of both SC instances to point to the the same data folder, say C:\SC-DATA
In SC-IQ, all you need to do is put some symbols in Edit -> Intraday File Update list, then connect to the IQfeed (then minimize it, you don't need to see anything in the IQfeed instance).
Now in SC-TT instance, you can open charts with data updated by the IQfeed instance.