Support Board
Date/Time: Sun, 23 Feb 2025 22:49:52 +0000
NISS-NYSE (Adv-Dec) + NYSE TICK Calculation At Open
View Count: 2843
| [2019-04-03 17:36:30] |
| chart_warrior - Posts: 96 |
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I made a reply in a different post but never got any attention. I'm asking Sierra support to take a look why NISS-NYSE is completely off from every other place I've checked, including the most reliable IQFEED. As you can see the issue is only in the morning but since it's completely off it changes the meaning throughout the entire day since high of day as well as low of day values are wrong. I understand that different providers calculate this differently and that numbers can be off but what's important is the actual graph and if you take a look at the screenshots you will see how different they look. One thing to note is that on April 2nd they mostly matched with other providers but April 1 and 3 did not. I'm using Tradingview as an example but I have confirmed that Tradingview matches with IQFEED. I personally and I'm sure other as well use Adv/Dec to see divergences in various markets and since this isn't showing the proper graph it becomes unusable. |
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| [2019-04-03 17:42:26] |
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One thing we can say is that we know other providers do provide inaccurate data at the open. We would definitively not trust what they are showing at all. An extreme value at the open is inherently wrong. Especially on the NYSE which only has about 3000 symbols traded. We really do not care what others are showing. We have learned enough about this subject that the others are just simply wrong at the open. We have overwhelming confidence with this. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-04-03 17:58:39
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| [2019-04-03 17:53:01] |
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One of the basic reasons why what the others are showing is inherently wrong at the open is that the NYSE only has 3000 stocks approximately. When you look at TISS-NYSE at the open you will see that on average there are about 600 symbols that have traded in the premarket by the 9:30 AM US Eastern time open. When you calculate the difference between the number of stocks up minus the number of stocks down, how is it you end up with a 1700 calculation? You cannot. This is just simply flatly wrong. Not only is it wrong it is just simply wildly off. You should not even be paying attention to that number at all. Either there is some basis of what they are coming up with, which we do not know what the basis of that is, or it is just simply just nonsense and illegitimate. So in the end, we have proven the others are wrong and what Sierra Chart is providing is an accurate stable calculation that you should trust. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-04-03 18:03:19
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| [2019-04-03 18:34:47] |
| chart_warrior - Posts: 96 |
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You make a compelling argument and your explanation for this and TICK which I've read makes a lot of sense. Have you ever tried to contact other providers, especially IQFEED to see how they do the calculation? What makes me and I'm sure others on this support board skeptical is that only your calculation is different. This can be a good thing as well because it can potentially create an edge for a trader but also makes it hard to believe because basically everyone else is wrong and Sierra is right? I hope that's the case. |
| [2019-04-03 20:30:07] |
| chart_warrior - Posts: 96 |
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I contacted IQFEED and this is what I was told regarding the open: "We do not start the NYSE advance/decline calculation until five seconds into the session. We feel this is more indicative of what the market is actually doing at the opening versus starting the calculation at the split second that trading begins, when many stocks have yet to open." |
| [2019-04-04 19:32:56] |
| chart_warrior - Posts: 96 |
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Is there a way to get these CQG symbols in Sierra? Specifically: Advancing Issues ^ADV Declining Issues ^DECL TICK ^TICK https://www.ampfutures.com/trading-info/cqg-supported-indexes/ Date Time Of Last Edit: 2019-04-05 12:12:17
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| [2019-04-05 12:17:26] |
| chart_warrior - Posts: 96 |
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SC Support? Can you please let me know how I can add CQG symbols from this link? https://www.ampfutures.com/trading-info/cqg-supported-indexes/ These are market internals directly from CQG, not Sierra Date Time Of Last Edit: 2019-04-05 12:18:13
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| [2019-04-05 17:43:08] |
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We definitively will not provide any help with these CQG symbols. You are completely on your own with those.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2019-04-05 18:14:09] |
| chart_warrior - Posts: 96 |
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I don't understand. I am using a CQG data feed and these are CQG symbols. I'm able to use Futures symbols in your symbol format, why would these no be available to use in Sierra? These are just like any other symbols. This is equivalent to e.g. "JTNT.Z" IQFEED symbol for TICK. Date Time Of Last Edit: 2019-04-05 18:19:22
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| [2019-04-08 14:04:40] |
| coin boss - Posts: 19 |
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I am also interested in CQG symbols for internals. You would think all symbols would be available in the list in Sierra Chart, why are some available and then a few are not?
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| [2019-04-08 14:09:27] |
| User695518 - Posts: 53 |
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I am interested in CQG symbols for internals. Does SierraChart support CQG? If so, then why aren't all symbols supported?
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| [2019-04-08 15:17:17] |
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We do not know what the CQG symbols are and we are not going to support any associated problems by using those particular symbols with CQG which inevitably you are all going to run into. This is why we have a firm policy of simply declining support for this, and we will not provide further help. Otherwise, we are opening ourselves up to all kinds of endless nonsense. We are not going to put up with that.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-04-08 15:35:18
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| [2019-04-08 15:37:25] |
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We also do know why there is a difference between IQ Feed and Sierra Chart with market statistics within the first few minutes. It has to do with the number of symbols detected to be traded. We will provide more details later.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2019-04-08 15:44:20] |
| chart_warrior - Posts: 96 |
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I appreciate you looking more into this. You have to put yourselves on our side and realize that CQG and IQFEED provide very expensive data and I'm sure they also stand by their calculations. So inevitably people will wonder why your calculations are different. The point is that data coming from NYSE should be the same. |
| [2019-04-09 10:31:49] |
| User916807 - Posts: 12 |
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Hi , Thanks for this post. I have compared the Sierra Tick and AD with tradestation and IQfeed ( on IRT ) Iqfeed and tradestation are similar , but Sierra Charts internals are way of. NYSE Tick is sometimes totally different. NYSE AD is different at the open of the RTH. After a few minutes, they are the same. Therefore I use Sierra charts for everything but the internals. For the internals I have another subscription : Tradestation This helped me with many trades. it is a pity that I am obliged to take a second subsription. Date Time Of Last Edit: 2019-04-09 10:32:23
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| [2019-04-09 10:51:48] |
| user8888 - Posts: 159 |
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@User916807 +1 |
| [2019-04-10 14:06:57] |
| nikos - Posts: 23 |
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+1..... would love if SC team could revise the way they calculate TICK in order to match the other data feeds..... would save us money from extra subscriptions to other data providers just for their internals |
| [2019-04-10 14:43:14] |
| User916807 - Posts: 12 |
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yes Nikos, I agree It does not matter who is right. The customer is the trader, it must be usefull to them Tradestation or IRT ( +iqfeed) gives me something I can use and gives me an edge. That is what counts I don't give a ... who is right. |
| [2019-04-10 15:03:35] |
| AKR - Posts: 524 |
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+1 - but I have addressed that topic several several times. has the planed split in a second tick - without minor exchanges I think? - been implemented? |
| [2019-04-10 19:00:10] |
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In regards to post 19, we did spend time working on this in the last couple of weeks but there were two very significant issues related to this so it is not something we can do. We are fully declining all further support in this thread. Totally and completely. We have nothing nothing nothing further to say here. This subject has been thoroughly explained and documented. However, do refer to: Why Sierra Chart TICK-NYSE Market Statistic Calculation is Very Good Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-04-10 19:31:14
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