Big Mike's Trading Forum
 

Go Back   Big Mike's Trading Forum

> Trading Forums > Platforms and Indicators > Sierra Chart


Notices
     

Webinar: Sierra Chart Ladder, TPO, Volume Profile and "Homework"
Started:April 15th, 2012 (11:54 PM) by Big Mike Views / Replies:4,495 / 15
Last Reply:March 29th, 2013 (08:19 PM) Attachments:0

Welcome to Big Mike's Trading Forum.

Welcome, Guest!

This forum was established to help traders by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

BMT is fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 
Thread Tools Search this Thread

Webinar: Sierra Chart Ladder, TPO, Volume Profile and "Homework"

Old April 15th, 2012, 11:54 PM   #1 (permalink)
Administrator: 'da Big Dawg
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Instrument: SP500, Stocks
 
Big Mike's Avatar
 
Posts: 31,171 since Jun 2009
Thanks: 20,747 given, 38,139 received

Webinar: Sierra Chart Ladder, TPO, Volume Profile and "Homework"

Hi guys,

I'm pleased to have Anthony back from Sierra Chart for a new webinar presentation, courtesy of Velocity Futures. The webinar will be on Thursday, April 19th @ 4:30PM Eastern.

Topics include:
- Numbers Bars (Volume Ladder)
- TPO charts
- Volume Profiles
- Using the spreadsheet study for custom analysis of price/study data (ie "homework")
- Trade statistics and trade reporting
- New features since the last webinar
- Q&A

Sierra's website:
Sierra Chart - Futures, Stocks, Forex Charting and Trading Software Platform

And please thank Velocity for helping organize this webinar:
Velocity Futures | Discount Commodity Futures Trading Broker

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     
The following 2 users say Thank You to Big Mike for this post:
     

Old April 16th, 2012, 12:26 AM   #2 (permalink)
Administrator: 'da Big Dawg
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Instrument: SP500, Stocks
 
Big Mike's Avatar
 
Posts: 31,171 since Jun 2009
Thanks: 20,747 given, 38,139 received

Registrations are now open:

Trading Webinars, Trading Videos - Big Mike Trading Forum

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     

Old April 17th, 2012, 08:08 PM   #3 (permalink)
Elite Member
Haifa Israel
 
Trading Experience: Beginner
Platform: sierra chart
Broker/Data: Optimus Trading Group/Rithmic
Favorite Instrument: es
 
Posts: 57 since Apr 2012
Thanks: 32 given, 34 received

Sierra TT and Ask x Bid volume


Hi,

I read in some places on the web that the connection of Sierra charts to TT causes problems with getting accurate Ask/Bid Volume data. I have no idea what this means. I use Sierra Charts with Open E Cry and I use the Numbers Bars charts with Ask X Bid volume. Should I be worried about this issue?

Reply With Quote
     

Old April 17th, 2012, 08:37 PM   #4 (permalink)
Elite Member
Prescott AZ USA
 
Trading Experience: Intermediate
Platform: SierraChart
Broker/Data: DDT/TT
Favorite Instrument: ES YM NQ
 
Posts: 200 since Nov 2009
Thanks: 94 given, 187 received


yonatan View Post
Hi,

I read in some places on the web that the connection of Sierra charts to TT causes problems with getting accurate Ask/Bid Volume data. I have no idea what this means. I use Sierra Charts with Open E Cry and I use the Numbers Bars charts with Ask X Bid volume. Should I be worried about this issue?

My broker's data feed is TT, and it is not of acceptable quality for ask/bid volume studies. But OEC provides a different data feed, so TT's data is irrelevant for you. But if you want the best quality data, DTN IQFeed is what you need.

Reply With Quote
     
The following user says Thank You to tomgilb for this post:
     

Old April 18th, 2012, 01:27 AM   #5 (permalink)
Elite Member
Los Angeles, California
 
Trading Experience: Intermediate
Platform: Sierra Chart, NinjaTrader
Broker/Data: Optimus/Rithmic
Favorite Instrument: es
 
Posts: 30 since Aug 2010
Thanks: 15 given, 43 received


yonatan View Post
Hi,

I read in some places on the web that the connection of Sierra charts to TT causes problems with getting accurate Ask/Bid Volume data. I have no idea what this means. I use Sierra Charts with Open E Cry and I use the Numbers Bars charts with Ask X Bid volume. Should I be worried about this issue?

This issue is discussed extensively at the following thread, though you have to be an elite member to access it.

https://www.bigmiketrading.com/elite-circle/3873-analysis-comparison-different-data-feeds-platforms-bid-ask-studies.html

But I can tell you that over a year ago I compared some of the broker-based datafeeds including OEC. The numbers were significantly different than DTN's. I called OEC and was told that they aggregate their data. If they still do this, their data will be inaccurate for volume studies.

Reply With Quote
     
The following user says Thank You to sctrader for this post:
     

Old April 18th, 2012, 08:29 AM   #6 (permalink)
Elite Member
Munich, Bavaria
 
Trading Experience: Intermediate
Platform: SierraChart, NinjaTrader, CTS T4
Broker/Data: IQFeed, ZenFire, CTS T4
Favorite Instrument: ES
 
Posts: 19 since Jul 2010
Thanks: 0 given, 7 received


yonatan View Post
Hi,

I read in some places on the web that the connection of Sierra charts to TT causes problems with getting accurate Ask/Bid Volume data. I have no idea what this means. I use Sierra Charts with Open E Cry and I use the Numbers Bars charts with Ask X Bid volume. Should I be worried about this issue?

The combination of Sierra Chart and CTS T4 seems to be an excellent one. The CTS T4 Bid/Ask data are said to be quite reliable and I heard that SC's connection to CTS T4 is very well implemented. I hope to switch to that combo pretty soon. You might check if your broker offers CTS T4.

Reply With Quote
     
The following user says Thank You to rainbowtrader for this post:
     

Old April 18th, 2012, 08:44 AM   #7 (permalink)
Elite Member
Munich, Bavaria
 
Trading Experience: Intermediate
Platform: SierraChart, NinjaTrader, CTS T4
Broker/Data: IQFeed, ZenFire, CTS T4
Favorite Instrument: ES
 
Posts: 19 since Jul 2010
Thanks: 0 given, 7 received


Big Mike View Post
Hi guys,

I'm pleased to have Anthony back from Sierra Chart for a new webinar presentation, courtesy of Velocity Futures. The webinar will be on Thursday, April 19th @ 4:30PM Eastern.

Topics include:
- Numbers Bars (Volume Ladder)
- TPO charts
- Volume Profiles
- Using the spreadsheet study for custom analysis of price/study data (ie "homework")
- Trade statistics and trade reporting
- New features since the last webinar
- Q&A

Sierra's website:
Sierra Chart - Futures, Stocks, Forex Charting and Trading Software Platform

And please thank Velocity for helping organize this webinar:
Velocity Futures | Discount Commodity Futures Trading Broker

Mike

Hi Mike,

mabe you can forward the following questions to Anthony:
1) Does SC plan to add a Pullback Column to the Numbers Bars Study?
2) Does SC plan to improve the Trade Window, e.g. faster selection of number of contracts?
3) Does SC plan to add order types like Iceberg Orders?

Thx a lot!

Reply With Quote
     

Old April 19th, 2012, 09:58 AM   #8 (permalink)
Elite Member
Munich, Bavaria
 
Trading Experience: Intermediate
Platform: SierraChart, NinjaTrader, CTS T4
Broker/Data: IQFeed, ZenFire, CTS T4
Favorite Instrument: ES
 
Posts: 19 since Jul 2010
Thanks: 0 given, 7 received

An additional question for Anthony is: Does SC plan to add the functionality "Estimated Position In Queue" to the Chart DOM? That is a quite helpful function and contributes to making the trading live easier.

Reply With Quote
     

Old April 19th, 2012, 12:31 PM   #9 (permalink)
Elite Member
Prescott AZ USA
 
Trading Experience: Intermediate
Platform: SierraChart
Broker/Data: DDT/TT
Favorite Instrument: ES YM NQ
 
Posts: 200 since Nov 2009
Thanks: 94 given, 187 received


rainbowtrader View Post
The combination of Sierra Chart and CTS T4 seems to be an excellent one. The CTS T4 Bid/Ask data are said to be quite reliable and I heard that SC's connection to CTS T4 is very well implemented. I hope to switch to that combo pretty soon. You might check if your broker offers CTS T4.

Yes, but CTS's commissions are $0.50 extra per side ($1.00 RT). This could easily cost you more monthly that DTN IQFeed's flat rate. For example, Velocity's commission for the ES is $3.62 RT, using TT. They don't offer CTS because of the higher commission. I know because I asked.

Reply With Quote
     
The following user says Thank You to tomgilb for this post:
     

Old April 19th, 2012, 01:55 PM   #10 (permalink)
Elite Member
Haifa Israel
 
Trading Experience: Beginner
Platform: sierra chart
Broker/Data: Optimus Trading Group/Rithmic
Favorite Instrument: es
 
Posts: 57 since Apr 2012
Thanks: 32 given, 34 received



rainbowtrader View Post
Hi Mike,

mabe you can forward the following questions to Anthony:
1) Does SC plan to add a Pullback Column to the Numbers Bars Study?
2) Does SC plan to improve the Trade Window, e.g. faster selection of number of contracts?
3) Does SC plan to add order types like Iceberg Orders?

Thx a lot!

I'm with you regarding the Pullback Column. This would be a lovely and much needed addition for the Numbers Bars.

Reply With Quote
     

Reply



Tags
accurate, aggregation, analysis, bars, bid, bid/ask, big mike, broker, brokers, chart, charting, charts, combination, commodity, comparison, connection, contracts, cts, cts t4, custom, data, data feed, dom, dow, dtn, dtn_iqfeed, elite, feed, feeds, forex, futures, futures trading, homework, iqfeed, ladder, live, lot, ml, oec, open, order, orders, plan, platform, platforms, price, profile, question, questions, recording, reliable, sc, sierra, sierra chart, sierra charts, sierrachart, sierra_chart, software, statistics, stocks, studies, ta, thank you, tpo, trade, trading, trading software, trading videos, velocity futures, volume, volume profile, volume_ladder, webinar, webinars
     

Big Mike's Trading Forum > Trading Forums > Platforms and Indicators > Sierra Chart > Webinar: Sierra Chart Ladder, TPO, Volume Profile and "Homework"

Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Fukushima: "China Syndrome Is Inevitable" ... "Huge Steam Explosions", or "Nuclear Bo Quick Summary News and Current Events 0 November 22nd, 2011 01:50 AM
How to change "Stop Loss" and "Take Profit" in "shElderImpulse" Strategy javed759 NinjaTrader 1 November 1st, 2011 10:44 PM
Volume Ladder for NT - patterns and setups "journal" Pepperdog The Elite Circle 127 June 12th, 2011 01:24 PM
Sierra Chart TPO users Big Mike Sierra Chart 5 May 1st, 2011 06:49 PM
RJay's "Trader Volume" and "Trader Tick" Indicator Suites RJay The Elite Circle 20 December 20th, 2010 05:01 PM


All times are GMT -4. The time now is 10:22 AM.

Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Copyright © 2014 by Big Mike Trading. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2014-04-23 in 0.14 seconds with 19 queries on atlantis via your IP 54.205.205.47