Time and Sales Window

Time and Sales Window


Time And Sales Window

Overview

The Time and Sales window lists in a table the Trades and Quotes received from the data feed. Trades refers to actual trades made for the symbol. Quotes refers to Bid and Ask data. Quotes can be optionally displayed based on the Show Bid and Ask Records setting.

Instructions

Follow these instructions to use the Time and Sales windows. Before you begin viewing the Time and Sales windows, you need to verify and possibly adjust certain settings in the Data/Trade Service Settings window. You will only need to verify the settings and make any changes once.

  1. Select Global Settings >> Data/Trade Service Settings on the Sierra Chart menu.
  2. In the Data Settings frame, ensure that the Time and Sales Records setting is set to the number of records you wish to store in memory. For example, if you set the records to 1000, then the Time and Sales window will be able to list 1000 records plus more as it fills up in real time. However, when you close and reopen the Time and Sales window or adjust its settings, only 1000 records will appear. Do not set the Time and Sales Records setting too high because it will slow down the Time and Sales window and maintaining a lot of records in memory will consume excessive memory.
  3. Press OK. If you changed any of the settings for Time and Sales, reconnect to the Data Feed by selecting File >> Disconnect and then File >> Connect to Data Feed.
  4. To open a Time and Sales window for a chart, select Chart >> Open Time and Sales on the Sierra Chart menu.
  5. The Time and Sales window is associated with a specific chart. Each chart can have only one associated Time and Sales window. Once you open a Time and Sales window for a chart, and you select Chart >> Open Time and Sales again, you will not get another Time and Sales window. If you want another Time and Sales window you will have to switch to another chart or open another chart and then open a Time and Sales window for that chart.
  6. If for some reason a Time and Sales window does not display when you try to open it, then select Chart >> Reset Child Windows.
  7. The Time and Sales window displays the individual trades and individual bid and ask price changes. Bid and Ask price changes will not be displayed, unless the Show Bid and Ask Records option is enabled in the Time and Sales Settings window. New lines are added as the data is received.

Settings

The Settings button on the Time and Sales window allows you to change various settings.

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Column Descriptions

Date

This column displays the date of the trade or quote

Time

This column displays the time of the trade or quote

Price

This column displays the trade price. This only applies to trades.

Volume

This column displays the volume of the trade.This only applies to trades.

Type

Can be one of the following:

Bid and Ask

Bid and Ask quote data.

Bid Trade

A trade that occurred at the Bid price or lower.

Ask Trade

A trade that occurred at the Ask price or higher.

Inside Trade

A trade that occurred between the Bid and Ask.

Bid

The bid price at the time of the trade or quote

Bid Size

The bid size at the time of the trade or quote

Ask

The ask price at the time of the trade or quote

Ask Size

The ask size at the time of the trade or quote

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Opening Multiple Time and Sales Windows for the Same Symbol

To open multiple Time and Sales windows for the same symbol, what you will need to do is open multiple charts for the same symbol. For each of those additional charts, select Chart >> Display Time and Sales to open a Time and Sales window. If you do not need the additional charts other than for the purpose of viewing Time and Sales windows for them, then simply Minimize them. This can be done by clicking on the standard Windows Minimize button at the top right of each chart window. If the charts are minimized, it is recommended that you reduce the Days to Load setting for them since you will not be using them other than for the purpose of Time and Sales. To do this select Chart >> Chart Settings. Reduce the Days to Load to 1.

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