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Sierra Chart's new data feed......


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  #31 (permalink)
dougrkyle
indianapolis in usa
 
Posts: 16 since Aug 2013
Thanks Given: 0
Thanks Received: 3

I'm not sure why you think I believe TS is the Gold standard.
I think you have made some general stereo types that I am looking for the holy grail of Internals. I have been trading for more then 10+ years. I have used TS for more then 10+ yrs and agree with you on being outdated at best. I have switched to SC due to the inability to have MP in TS... But.........

I am trying to foster discussion about differences and why. Just because SC offers a syntax to show how it is being calculated doesn't mean its the correct way. It just means you can recalculate it and verify how they are doing it.

I don't spend much time on forums for this specific reason. But I do believe that others have walked my path and others have value to share.

I understand your view and appreciate your initial response.

Thanks

Doug

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  #32 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
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You are correct, and I apologize for calling you out. Lets continue to have a real discussion.

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  #33 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
Experience: Beginner
Platform: SC, S5T
Trading: Es
Posts: 617 since Jan 2013
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aslan View Post
At the end of the day, Sierra is the only one that tells you what they are measuring and how it is done, which means it is the only one that can be verified to be correct if you had access to the source feed.

Whats the value in publishing their method for us , as daytraders (or at least me, not sure what style you trade) wondering whether to click the button in real time? Are there times when you see a tick spike but then instantly discount it because you know its prolly due to a quirk in the model?

It is true we all need to just pick one and master it but sometimes you see the TS feed and it paints a painfully obviously clearer picture of what the market was doing and you wonder, wtf, how could mine have been so different? Its frustrating.

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  #34 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
Experience: Beginner
Platform: SC, S5T
Trading: Es
Posts: 617 since Jan 2013
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Just thought I would post my review of SC data feed. I've been using it for a month now and I love it. I have not done rigorous statistical analysis but every time I have cross referenced the footprint on SC with that of DTN they have been identical. That means 5-10 times a day I will look at the footprint from both data feeds and check a few prints, usually the hi or low of a swing, and they are the same. Trust that for what you will.

Off the open, as previously mentioned, the NYSE breadth levels can differ from DTN by +/- 50 to 100 pts on my chart which I actually start 1 min after the open. I find this to be utterly insignificant. I'm interested in knowing if breadth is opening +1000 when it should be opening only +300, not if it's +350 vs +400. After 15-30 min they converge. The NYSE tick on SC is different from DTN just as all ticks are unique in every data feed it seems. I find them to be very similar though. If DTN tick is generally below zero then SC is generally below zero too. Sometimes DTN will give a -600 tick while SC will only do -400. But overall the "feel" of both ticks are the same for me.

Price...this is where SC is awesome. It's $35 a month plus whatever exchanges you need to add on. CME is an extra $3.25 or something so in total I'm paying $38 a month for what I feel is exactly the same service that DTN was charging me 90. I'm not running HFT, I don't need microsecond time stamps or whatever DTN sells. Probably you don't either but I digress.

In conclusion, I love it and recommend it. Check it out if you want for a month and risk 38 bucks.

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  #35 (permalink)
 GreatDane 
Tampa, FL
 
Experience: Advanced
Platform: NT, SC
Posts: 50 since Jun 2010
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Profiler View Post
Just thought I would post my review of SC data feed. I've been using it for a month now and I love it. I have not done rigorous statistical analysis but every time I have cross referenced the footprint on SC with that of DTN they have been identical. That means 5-10 times a day I will look at the footprint from both data feeds and check a few prints, usually the hi or low of a swing, and they are the same. Trust that for what you will.

Could you clarify if your prints match aside from at the swing highs/lows? Those - I think simply because they're smaller prints, though it could be for another reason - would usually match my TransAct and DTN, but everywhere else TransAct was way different. And I know DTN was the correct one.
So could you check and give feedback with respect to the footprint at other than the swing highs/lows? Thanks!

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  #36 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
Experience: Beginner
Platform: SC, S5T
Trading: Es
Posts: 617 since Jan 2013
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JackJ View Post
Could you clarify if your prints match aside from at the swing highs/lows? Those - I think simply because they're smaller prints, though it could be for another reason - would usually match my TransAct and DTN, but everywhere else TransAct was way different. And I know DTN was the correct one.
So could you check and give feedback with respect to the footprint at other than the swing highs/lows? Thanks!

Sorry man but i already cancelled my DTN feed so I cant.

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  #37 (permalink)
 GreatDane 
Tampa, FL
 
Experience: Advanced
Platform: NT, SC
Posts: 50 since Jun 2010
Thanks Given: 38
Thanks Received: 36

Understand. Would you be able to post a screenshot of your footprint with the SC feed? Thanks!

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  #38 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
Experience: Beginner
Platform: SC, S5T
Trading: Es
Posts: 617 since Jan 2013
Thanks Given: 321
Thanks Received: 591



this work?

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  #39 (permalink)
 
sixsmith07's Avatar
 sixsmith07 
Oslo, Norway
 
Experience: Intermediate
Platform: NT, Sierra
Broker: IQFEED Stage5
Trading: ES
Posts: 307 since Jan 2014
Thanks Given: 282
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@Big Mike i saw on the spoo thread that you changed to the SC real time data. Didnt want to post there off topic soo..

I know youre a big believer in iqfeed so was wondering what made you change...i only ask because i use IRT and Iqfeed and its costly. was thinking of switching to SC and their data feed as it would be less than half the price. obviously not interested if the data leaves much to be desired. Anyone have a longer term review that has used both?

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  #40 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
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There are many data services for SC, iqfeed too. Go on the SC website and read the compatible data services. Some are good and same not, it depends also what data use your broker.

Take your Pips, go out and Live.
Luke.
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