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Date/Time: Sat, 30 Nov 2024 04:46:27 +0000

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Is Market Depth required for Footprint Trading?

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[2022-12-13 06:28:42] #1 [Go To First Post]
User110263 - Posts: 4
I think the title is self explanatory: soon I will need to purchase the Denali data feed and since they are not for free, I want to be sure I'm purchasing the right one for me. I will do footprint analysis (TPO, Number Bars, etc...). Eve better would be to know if there's a specific page or resource where I can check my myself which studies requires Market Depth data and which ones don't? Thank you for your assistance

[2022-12-13 13:55:12] #2 [Go To First Post]
Sierra_Chart Engineering - Posts: 17268
No market depth data is not required for Numbers Bars or TPO charts. 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-12-13 13:55:19

[2022-12-13 14:44:52] #3 [Go To First Post]
User110263 - Posts: 4
Ok, that's great to know! And for which indicators I'll need market depth data specifically? DOM (duh...), probably... what else? IS there a way to find it out by myself?

[2022-12-13 14:57:29] #4 [Go To First Post]
Sierra_Chart Engineering - Posts: 17268
That is hard for us to answer, just let us know what studies you want to use. Almost all of them do not require market depth data. One of them that does is Market Depth Historical Graph. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2022-12-14 13:29:46] #5 [Go To First Post]
User110263 - Posts: 4
You mean the SC heatmap?? Aka the better version of what that Bookmap offers for 39 usd/month (PLUS DATA)?? So, now it's a no brainer, I'll pay the extra data fee so I can use your badass indicator! :-)

[2022-12-14 16:01:06] #6 [Go To First Post]
Sierra_Chart Engineering - Posts: 17268
Yes we are referring to this: Market Depth Historical Graph Regarding market depth data, also refer to: Real-Time Exchange Data Feeds Available From Sierra Chart: Adding Support for CME Market Depth Data 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, use the Teton service: Sierra Chart Teton Futures Order Routing

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