Support Board
Date/Time: Sun, 24 Nov 2024 19:37:07 +0000
2 questions re spy
View Count: 401
| [2024-05-15 12:26:09] |
| User849502 - Posts: 345 |
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Hi, I did try and google this, but I can't find an answer. I have Danelli and want to have live SPY, it said on Google that Daneli would supply that, but it is delayed. How can I go live, please? Second, Trading View offers a tool that will convert nq ndx and qqq or spy to es. Do we have that? See attached photo. thank you for your time, and tried to google it, I promise. Karen |
Attachment Deleted.  nq price converter.png / V - Attached On 2024-05-15 12:25:40 UTC - Size: 379.66 KB - 78 views |
| [2024-05-15 13:55:56] |
| Calculus - Posts: 97 |
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SPY data comes from the stockmarket Exchanges so I would think to get real-time data you'd need to pay one of the Exchanges. I use (via Sierra) the NQTV feed and am very happy. As for your second question, the TradingView converter to ES (SPY to ES) that's something I believe MANY would be interested in. SPY on the smaller timeframes (1m and under) charts SO much better than ES because of the tick size, 0.01 versus 0.25 so it's far easier when looking at the chart. But the basis/differential obviously moves, not just from day to day but also it can move slightly during the day. That has to be taken into account when charting SPY as if it's ES. Date Time Of Last Edit: 2024-05-15 13:56:21
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| [2024-05-15 15:54:39] |
| John - SC Support - Posts: 36238 |
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For real-time data for SPY you need to activate the US consolidated tape data feed. Follow the instructions at the following link: Denali Exchange Data Feed: *Setup Instructions: All Other Exchanges* We have no idea what that Price Converter is doing, so we can not speak to it. You can always chart the multiple products and view them together. In particular, use the "Add Additional Symbol" to get other products into a single chart. Refer to the following: Add Additional Symbol For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-05-15 19:18:31] |
| Calculus - Posts: 97 |
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John, the Price Converter is charting the SPY at ES values. Traders also use it to convert QQQ to NQ. For example, right now SPY is at 528.17 and ES at 5317.25. 5317.25/528.17 = 10.0673 So if we multiply the SPY of 528.17 * 10.0673 = 5317.25 Some traders prefer to use an SPY chart to trade ES because SPY often looks better with the 0.01 tick size versus the 0.25 of ES/NQ. This is especially the case for the 1m and under, perhaps 20s. There are a lot of traders using < 1m on the stock indexes. Yes, Sierra has a Real-Time Price Multiplier and Historical Price Multiplier under Chart Settings > Symbol and that works great, just enter 10.0673 for both and SPY looks like ES (same with the DOM). But the trouble is the differential can move slightly during the day, hence you've got to keep an eye on it and update when needed (perhaps 2-4 times a day). What the TradingView study does (I think) is do everything automatically so if/when the number changes everything changes automatically on the chart/DOM. They probably calculate the number every minute and then use a 7-10 period moving average for smoothing. It's a great feature. |
| [2024-05-15 21:09:31] |
| John - SC Support - Posts: 36238 |
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We do not have this in our system. You could build a custom study that can do this for you. Refer to the following for a starting place: ACSIL Interface Members - Variables and Arrays: sc.RealTimePriceMultiplier List of Third Party Sierra Chart Study and System Programmers For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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