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Date/Time: Sat, 18 May 2024 06:00:13 +0000



Post From: OTC forex broker connectivity

[2015-10-09 04:30:41]
Sierra Chart Engineering - Posts: 104368
First of all, the DTC Protocol is not our protocol. It is an effort initiated by us, but this is for the industry. It is a "neutral" protocol. It is not Sierra Chart specific.

You should not underestimate our ability to get this adopted. In our last most recent conversation with Oanda they are not completely opposed to the idea of supporting DTC, unless they are only being polite with us. We will talk with them again sometime in the spring of 2016.

Their basic explanation is that there is not demand for it but they do regard it as a better technical solution. We guess their web-based API users, whether they are commercial software programs or not, find their web-based API acceptable. But is our position that the DTC Protocol is a much better designed protocol and really it is.

And we do not agree that there are other programs which are easier to integrate to at least with a proper reliable and quality integration for market data and trading. Just the opposite. To our knowledge there is no other charting or trading program that provides a protocol based network socket interface implemented in a proper, logical and efficient way for market data and trading, like Sierra Chart.

I don't think you can afford to just refuse to try your hardest to get these big brokers because in the end you'll die out if there are no big brokers left you could trade with.
We will not die out. The Sierra Chart user base is expanding.

And without going into too many details, we want to point out that we were contacted by an exchange in Europe about potentially working with them to provide Sierra Chart. If we are well regarded enough to work with an exchange, we think eventually there is going to be some adoption of the DTC Protocol.

We also want to make another thing very clear, there is 0% chance that support will ever be added for Oanda in Sierra Chart unless Oanda makes some effort to at least partially adopt the DTC Protocol.
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

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Date Time Of Last Edit: 2015-10-10 22:32:05