Support Board
Date/Time: Tue, 26 Nov 2024 02:46:00 +0000
Volume at Price Graph 'point of control' is in wrong place....
View Count: 2317
| [2014-04-01 03:35:48] |
| scott - Posts: 6 |
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Hi, I have set up charts to watch DAX futures GER30. Im using 4min chart and study is volume by price. Its set up correctly as far as i can make out (checked lots of times) I am doing a live trading connection with a mentor who has both your free feed and IQFeed. For some reason the developing POC is in a different place. we have compared settings nemerous times and have set up 3 new charts from scratch. Global settings data by tick volume per bar = 1 ticks per volume =1 I have refreshed, Re downloaded, Changed Symbol and back to refresh data, restarted sierra chart. I compared to My mentor's screen on both Iq feed and FXCM free feed. both his are the same (similar) but mine is on the wrong peak. Its very annoying (and costly) as my main focus to trade is on V-wap and POC (by volume at price). Is there any reason this could differ or anthing else I can try? Im not sure if its a chart issue or data issue. He is in UK I'm in Australia but I presume it the same data feed?? there are also a few others on the Live cast that all have the same POC position just mine is different. Help would be much appreciated Below is an uploaded image of the chart. Previous day is approx in the right place. the last day is way off. Ihave marked where it was the last time I was looking at the accurate charts. http://screencast.com/t/FzrlBujQCK1I chart settings http://screencast.com/t/HiNiZYBPjWB2 Volume by price settings http://screencast.com/t/bodOLYEEMFW settings 2 http://screencast.com/t/i1vfCt0O settings 3 http://screencast.com/t/YFiRfgl8 Global - data / trade settings http://screencast.com/t/oEwh7RPo I can upload any more stuff you need to see or I can answer any thing. Hope you can help? Also do you provide Accurate futures data? I noticed in another feed you said it was accurate.. but delta bars are not the same (they only show what the chart shows, not hidden sellers or buyers data. numbers bars are the same, min might show numbers like 0-12 the IQ feed show 300 + sometimes (on 4 min bars) on DAX. I obviously need a 'proper futures feed' do you offer that or do I need to go to IQ Feed for that? Many thanks Scott |
| [2014-04-01 04:13:39] |
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We have looked this over and this is what we get: http://www.sierrachart.com/image.php?l=1396325405806.png Same as you. Therefore, there must be some difference in the settings for the Volume by Price study you are comparing to. We need to know what they are using. The easiest way to accomplish this is to ask them for their Chartbook file. Here are the instructions for this: https://www.sierrachart.com/index.php?l=doc/doc_Chartbooks.html#CopyChartbook In the case of the EUREX, you definitely will not get a better data feed with IQ Feed. We have been studying the EUREX data the last couple of months in regards to bid traded volume and ask traded volume and have come to conclude, that there is no 100% accurate data feed out there for the EUREX. Bid and Ask volume can only be estimated. Currently the way that the Sierra Chart EUREX data feed works now, it has a very good algorithm for this. Definitely better than IQ Feed. 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: 2014-04-01 04:14:53
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| [2014-04-01 15:21:08] |
| scott - Posts: 6 |
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After rechecking today the other charts are now matching (free data) but iq is still different. I can't see how your data is better than iQ - I wish It was! On IQ Feed number bar day is very comprehensive and shows big numbers and I can spot heavy buying / with little movement... (Showing lots of resting orders) but with your data I see 1-5 on bars and no actual orders just calculated from ticks. I was told IQ feed is 100% or there abouts and that every transaction goes through Eurex is live on screen at any second. And I can see that live when trading (in comparison). In Eurex every order is transacted and shown with direct exchange data? Unlike forex which cannot be that accurate. So with this massive difference in figures (volume bars and delta bars are unusable). And poc is not correct. The overall volume by price graph is fairly near (although much less detailed) and v wap pretty close . On IQ feed major divergence was seen on delta bars showing a heavy reversal down.. Sierra feed showed green bars not red... So I'm a little confused. Are we talking about the sane data feed? Or do you have a different one? I agree price is good but volume at price is definatly not accurate (to trade from live bid / ask orders) . I did read on your site that your data was ok as a substitute for IQ or similar for volume at price but your site even stated it was not actual data - only estimated from price movements (ticks) as there is no exchange contract data coming in only price. I ok to get a paid data service - I'm just confused now how 'it's no different? - thanks by the way for checking the chart data, to compare. I appreciate your time. And generally happy with the software and how it operates. :-) Scott |
| [2014-04-01 17:40:28] |
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There is some confusion here. The Sierra Chart Forex and CFD data feed is not a futures data feed. If you need accurate volume data, you cannot rely on it for that purpose. When you are making reference to IQ Feed, you most likely are referring to the EUREX futures data feed. The comments given in post #2 about the EUREX data feed are in regards to the Sierra Chart EUREX futures data feed. This is the data feed documented here: https://www.sierrachart.com/index.php?l=doc/SierraChartRealTimeFuturesStockDataFeed.php And the Sierra Chart EUREX futures data feed is very good and is going to provide more accurate bid trade volume and ask trade volume compared to IQ Feed because we are using a more stable algorithm. This algorithm can also be used with IQ Feed, but we are hesitant to change it since users have been relying upon the interpretation of the bid trade volume and ask trade volume for IQ Feed being the same as it always has been. 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: 2014-04-01 17:41:12
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| [2014-04-02 01:48:46] |
| scott - Posts: 6 |
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Hey, yes its seems there was! Lol I was reffering to IQ Feed FUTURES data compared to your CDF Data (I did not expect CFD to be accurate thats why I was shocked you said it was more accurate than IQ Feed FUTURES data. Big misunderstanding. :-) (the previous issue was the chart looked different compared to other Sierra GER30 data charts but seems to be the same now) So now we are on the same page... I'm looking at the page you linked across with your data feed details in it. So Eurex futures data is $31.50 and will give accurate numbers bars data, direct from Eurex exchange? Will this definatley put all Volume lines in the same place as IQ feed (assuming IQ is direct untouched data from Eurex (I want the same chart indications as the 'proffesional traders' that tend to use IQ feed type data. Also the CME price is to trading accounts - is that with you? or any of the trading accounts (does it need to be a futures account or is CDF account ok? - I dont mind joint but i want to be able to deal lower prices than futures minimum to start with) can you recommend one for Australia - or can I trade with you direct? I looked at IB but I need minimum $10K in the account to get started which I cannot do right now. Probably $2000 trading account is my limit for the immediate future, is that doable with your trading service? Many thanks for your time again.. scott |
| [2014-04-02 05:51:44] |
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The data feed is 35 USD per month + 31.5 USD per month for the exchange fee. Sometime in April the exchange fee for the EUREX will be about 15 USD if you do not need market depth data. We do not want to say the Numbers Bars data is "accurate" when using the EUREX data feed. However, there is a reasonable and stable algorithm to generate the necessary data. Bid traded volume and Ask traded volume is not provided by the EUREX exchange. It has to be estimated. However, the Sierra Chart EUREX data feed definitely will provide 100% accurate Volume Profiles. For the CME, a trading account can be with any of the supported futures trading services. It cannot be with a Forex trading service. For the CME we just recommend going with a US futures broker. There are a lot to choose from. You could have a look at TransAct: https://www.sierrachart.com/index.php?l=doc/data.php 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 |
| [2014-04-02 06:09:26] |
| scott - Posts: 6 |
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I did some research and considered AMP but it seems they only offer futures trading. other than IB can you recommend any others that are intergrated with your platform and offer futures and CFD? |
| [2014-04-02 07:12:52] |
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We do know of any other brokers that has both futures and CFDs other than Interactive Brokers.
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 |
| [2014-04-02 07:41:19] |
| scott - Posts: 6 |
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Hi, If i just want Eurex for now do I need a broker? im trying to do it on your site but it want broker info... |
| [2014-04-02 07:46:27] |
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To use the Sierra Chart EUREX data feed, you do not need a broker. It can be used independently.
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: 2014-04-02 07:46:37
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| [2014-04-02 09:57:55] |
| scott - Posts: 6 |
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I thought so but I cannot activate it through the web portal without broker info is that where it should be done? Ill go and screen shot if you like? Also im very concerned about the last comment : - The data feed is 35 USD per month + 31.5 USD per month for the exchange fee. Sometime in April the exchange fee for the EUREX will be about 15 USD if you do not need market depth data. We do not want to say the Numbers Bars data is "accurate" when using the EUREX data feed. However, there is a reasonable and stable algorithm to generate the necessary data. Bid traded volume and Ask traded volume is not provided by the EUREX exchange. It has to be estimated. However, the Sierra Chart EUREX data feed definitely will provide 100% accurate Volume Profiles. Bid and Ask volume is provided by Eurex (thats why we trade it..) "Bid traded volume and Ask traded volume is not provided by the EUREX exchange" - are you talking about the futures feed (FDAX)? IQfeed provide full bid/ask volume data for FDAX - true volume-at-price data in real-time... every contract bought and sold, every second, at every tick level - so why do you say "Bid traded volume and Ask traded volume is not provided by the EUREX exchange' please? This is very important. I need accurate data and can get it from IQ. I'm happy to use your data if it is 100% accurate for number bars - if its not then Ill have to pay up and get it from IQ. Ialso noticed an unhappy customer in another post on this very subject.. who said there was big issues with numbers data. This should not be a calculation it should be raw complete data from EUREX - Which they do supply. Can I talk on the phone to clear this up? i can call you if need be. can email me the number at scotthope23@gmail.com Thank Scott |
| [2014-04-03 09:30:24] |
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For the Market Data Feed Questionnaire you can set the futures broker to "Other". This will be fine if you are not using CME data. Bid and Ask volume is provided by Eurex (thats why we trade it..) - are you talking about the futures feed (FDAX)? Yes. IQfeed provide full bid/ask volume data for FDAX - This is not true.true volume-at-price data in real-time... every contract bought and sold, every second, at every tick level - This is true of IQ Feed and also the Sierra Chart EUREX feed. The Sierra Chart EUREX feed does provide true volume at price data. Ialso noticed an unhappy customer in another post on this very subject.. who said there was big issues with numbers data. Yes we know but that particular problem was with bid trade volume and ask trade volume and we do not think their comments were fair. And the particular issue was addressed two weeks ago once we found a good algorithm to use.This should not be a calculation it should be raw complete data from EUREX - Which they do supply This is why we take very strong exception to past negative comments from one user about the Sierra Chart EUREX data feed, especially at the time when we switched to a strict uptick and downtick method to compute bid volume and ask volume which gives a more reasonable Cumulative Delta Bars calculation. The algorithm Sierra Chart uses now for EUREX is not based strictly on upticks and downticks. It also does comparisons to the bid and ask prices. 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: 2014-04-05 21:24:59
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