Support Board
Date/Time: Thu, 16 Jan 2025 09:07:13 +0000
Post From: CTS & Sierra Chart Combo Questions
| [2017-10-14 12:04:43] |
| User379884 - Posts: 45 |
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Hi, A couple of questions on this combo. RECONSTRUCTED TAPE I know that a Reconstructed T&S is something that is being worked on for the SC Data Feed however, I have a couple of questions I don't get from the existing threads. For the context of this question I trade CL (CME Product). Question 1. I have the option of using the CTS data feed. If I select the CTS data feed, am I to expect that my time and sales will be populated with the combined records from the initiating trade (unless the order is filled over 2 or more prices of course)? Another post made by SC Engineering indicated CTS provide the necessary feed to do it but I'm not sure if that means that they do it natively through their feed now, or that there needs to be a front end to combine their data (which SC can't do at present I assume). SERVER SIDE OCO ORDERS I use a stop order for entry (parent) and the usual limit order for profit exit (Child) and stop order for stop loss exit (Child). These are the phrases which I'm not 100% sure on in the SC CTS instructions - "The parent order cannot be a Market order type or a Stop-Limit order type." (my take on this is that a stop order entry is a market order type, but I cannot 100% know this without confirmation). - "When you are using Attached Orders in Sierra Chart and the parent order is a Market order type or a Stop-Limit order type, the CTS server side bracket order will not be used. Instead there will be an independent parent order with a CTS server side OCO order for the two child orders." (my take on this is that there will be an independent CTS server side Stop Order Entry, and once executed a CTS server side OCO bracket order where the quantities are not able to be altered). - "This can create an unreliable situation when using server-side OCO orders with CTS when the parent order fills multiple times." (My take on this is say I have a 10 lot trade which fills partially 5 contracts and moves away yet my CTS OCO bracket order now has 10 each on the stop and target which can't be altered) Question 1. I live in South East Asia so was wondering what the best combination to use CTS and Sierra Chart with? The "Advanced and Lower Cost Connection Model" OR the standard model? I was hoping at least one of them would hold all my orders on the server (including the Parent Stop Order) near the exchange to remove latency issues...but I could not confirm this in the CTS instructions provided by SC as mentioned in the phrases above. Thank you. Date Time Of Last Edit: 2017-10-14 14:51:38
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