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Date/Time: Thu, 19 Sep 2024 21:44:51 +0000

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Post From: Sierra Real Time Datafeed Compared To Barchart.com DF

[2014-02-26 22:59:10]
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User13778 - Posts: 24
Hi Support

I use Sierra Charts ( SC Datafeed and Interactive Brokers) and Multicharts with Tradestation Datafeed and Interactive Brokers. Im trying to decide if I should continue with my Sierra Charts Real time Datafeed or swap to Barchart.

Advantage of using Barchart DF is

1. I could feed both Sierra Charts and Multicharts with the same feed? Im not sure if I could use Barchart DF to concurrently feed both Sierra Charts AND Multicharts at the same time, for the same cost ( ie 1 barchart DF subscription). Anyone know? This is the MAIN consideration. I.E to just use one datafeed instead of SC Realtime DF AND Tradestation DF OR I.B DF.

2. Barchart has a realtime U.S Stocks feed also, but then I can get that data from Interactive brokers DF or Tradestation, just not as high quality I assume.


Disadvantage of using Barchart DF

1. Is it as high Quality/robust as Sierra Charts DF? ( I believe that SC Real time DF is derived from Barchart DF. Is this true?)
2. I would need to run a separate copy of Sierra as a Datafeed Client to barchart?
3.Any other consideration?

I have some automated trading Systems written in Multicharts which I Love and am in the process of porting to Sierra. Im experimenting with SC Spreadsheets first and then Coding ACSIL if required. I dont use tick data in these systems so I dont believe the DF would impact the results.

Also, I know you probably would have done it if you were going to but......
IMO Tradestation Datafeed is actually pretty good. Even at a tick level its not bad at all. I have run Volume profile studies in Multicharts using Tradestation data versus Barchart Data and dont find a lot of difference looking a volume traded at various price levels, cumulative data charts etc. Any chance that you would integrate SC with a Tradestation DF in the future?