Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Sat, 18 May 2024 21:37:54 +0000
[User Discussion] - Data Recording from IB to SC
View Count: 972
| [2015-04-02 13:52:09] |
| User94740 - Posts: 333 |
|
Hi SC, it seems sc is inconsistent with the data from IB. IB shows in its chart a high in the 9:43-9:44 one minute period of 49.49, but sc shows 49.48. I have noticed a couple of times now and because my stops are set according to the extremes, then I need to have accurate recording. Can you please help me understand?
|
| [2015-04-02 17:52:30] |
| |
|
Refer to this section here: https://www.sierrachart.com/index.php?page=doc/IB.php#TrueRealTimeData Also you can use the Sierra Chart Exchange Data Feed instead to solve this problem: Sierra Chart Exchange Data Feed Assuming our data feed provides the data for the exchange for the symbol you are looking at. 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 |
| [2015-04-02 18:10:11] |
| User94740 - Posts: 333 |
|
thx SC. I find it awkward though to see price moving, but the chart is only updating every five seconds. Is there a reason why this inconsistency occurs? I will have to rethink my stance and maybe start using your data service again though it does cost 35,00 for one terminal and another 15,00 for data I am already receiving from IB. Is someone working on a solution to the fact I would be paying twice for data services?
|
| [2015-04-02 18:13:00] |
| |
|
Yes there is a reason for the inconsistency, IB provides a substandard data feed. Is someone working on a solution to the fact I would be paying twice for data services? You can always cancel the market data services through Interactive Brokers when using the Sierra Chart Exchange Data 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 |
| [2015-04-02 18:26:00] |
| User94740 - Posts: 333 |
|
understood. I had thought about if I cancelled the IB data services, but wondered about how my placed trades would be affected by delayed quotes or no access to the traded instrument.
|
| [2015-04-02 19:50:58] |
| i960 - Posts: 360 |
|
I find it awkward though to see price moving, but the chart is only updating every five seconds.
I use this mode (true price) with IB data and it's a heck of a lot easier if you enable "draw bid/ask" in Graphics Settings/Other menu.It works quite well actually. IB's data feed aggregation really isn't the end of the world. People think it is, but for 99% of them, it's not going to change profitability or lack thereof. Date Time Of Last Edit: 2015-04-02 19:58:02
|
| [2015-04-02 20:31:19] |
| |
|
Based upon user feedback from users, we do not think order entry would be affected by no market data access to the traded instrument.
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 |
| [2015-04-02 20:55:33] |
| User94740 - Posts: 333 |
|
@i960: I tried it, but it was still a different cup of tea. Thx anyway! Yes, the datafeed is ok, but I will probably have to look for a more accurate and true real time data delivery. I bless your trading!
|
| [2015-04-02 21:15:22] |
| i960 - Posts: 360 |
|
Well you see the price move accurately it just happens via the bid/ask bars rather than a candle which is simply delayed by 5 secs. I presume you're not trading on a 5s timescale. Myself I use volume based charts (which as you know vary time-wise) and it's never affected me negatively as far as being right or wrong honestly. If I was wrong then I was going to be wrong anyway.
Date Time Of Last Edit: 2015-04-02 21:16:23
|
| [2015-04-03 09:18:37] |
| User94740 - Posts: 333 |
|
I see your point about if you were wrong, then you were going to wrong anyway. As for me, I am running data analysis along with TPOs and volume profile. One tick can push a bar into the next level. I am also keen on seeing the market move real time and its behavior, action or reaction at certain levels. It creates a feeling and considering some markets move quite rapidly within 5 seconds, then it is imperative to be right there in the mix.
|
To post a message in this thread, you need to log in with your Sierra Chart account: