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Date/Time: Sat, 20 Apr 2024 08:25:56 +0000



How to make a “Tick Chart” in Sierra Chart?

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[2015-08-11 01:17:32]
User760942 - Posts: 120
How do I make an SC chart that only displays ticks? In other words, a chart that displays every new tick it receives?

Thanks!
[2015-08-11 01:47:55]
Hieronymus - Posts: 51
F5 > Bar Period = Number of trades per bar , then 1 for the value if that's what you want. That's how I've done it anyway.
[2015-08-11 02:19:43]
User760942 - Posts: 120
Cool, that works, thnks!

On a related note, how do I get both the BID price and ASK price to REMAIN on the chart for each bar?
At the moment I can only get the bid/ask prices to show up on the current bar. I’d like to be able to see the bid/ask on all previous bars (as well as the current bar)
Date Time Of Last Edit: 2015-08-11 02:20:09
[2015-08-11 05:39:03]
Sierra Chart Engineering - Posts: 104368
For the first question, refer to:
https://www.sierrachart.com/index.php?page=doc/doc_ChartSettings.html#TimePeriodPerBar

You need to use the Number of Trades per Bar Bar Period Type setting.

For the second question, use this Study:
http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s355
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
[2015-08-11 11:17:27]
Sierra Chart Engineering - Posts: 104368
We have made further documentation updates for the Bid and Ask Prices study:
http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s355
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
[2015-08-11 23:16:17]
User760942 - Posts: 120
Thanks, that made it work! Three related follow up questions:

1.  The bid/ask prices for FXCM’S EUR/USD in my Sierra Chart demo account are different from the bid/ask prices for EUR/USD in the Metatrader account I have with FXCM. Specifically, the spread is about 10 pips higher in the FXCM chart I made with SC then in the FXCM chart I made with Metatrader. Why is this?

2.  In my Sierra Chart demo account I see the option to open a chart for the following 3 different symbols. What exactly is the difference between these three symbols? (For instance, can the first symbol show the bid and the ask prices? Or can only the second symbol show the bid and the ask prices?)
-EURUSD | Euro/US Dollar
-EURUSD-BIDASK | Euro/US Dollar
-EURUSD-BID | Euro/US Dollar

3.  How can I get an SC chart to show a historical record of both the best bid and best ask prices (regardless of if a trade was made at either of these prices)? In other words, if I have a chart spanning one day, I’d like to be able to see what the best bid and best ask were at any moment of time during that day.
Date Time Of Last Edit: 2015-08-11 23:17:49
[2015-08-13 04:33:55]
Sierra Chart Engineering - Posts: 104368
1. We do not know. the spreads are controlled by FXCM and what you see comes from the particular account we have with FXCM.

2. Refer to this section here about this:

Sierra Chart Real Time and Historical Forex and CFD Data Service: Forex/CFD Market Data and Data Recording Modes

3. This is already supported by setting the chart bars to 1 trade per bar and using the Bid and Ask Prices study. There is nothing further that needs to be done.
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
[2015-08-15 03:34:06]
User760942 - Posts: 120
Thanks, that definitly answers questions 2 and 3.

Regarding questions 1, I messed around with different SC settings yestaerday (global settings, chart settings and so on) and was able to get the bid/ask prices in SC to match those in my FXCM metatrader account and the live spreads FXCM posts on their website. Therefore, I think it was just some weird setting I had SC on that was causing the issue. However, when I opened Sierra Chart today the issue came back and I can’t figure out what settings I used yesterday to fix it.

Any ideas on what SC settings could cause the bid price to be displayed 5 pips lower then it should and the ask price 5 to be diplayed pips higher then it should? Thanks!
Date Time Of Last Edit: 2015-08-15 09:56:02
[2015-08-15 23:31:30]
User760942 - Posts: 120
. . . and one thing i'd like to add to the last comment. I reached out to FXCM and said they do not markup their prices for Sierrachart users.
[2015-08-17 17:13:48]
Sierra Chart Engineering - Posts: 104368
There is absolutely no way to change the Bid and Ask prices or the spread between those in Sierra Chart.

The only thing that will affect them is the Real-time multiplier in Chart >> Chart Settings>> Advanced Settings 2. However, that is not going to affect the spread.


I reached out to FXCM and said they do not markup their prices for Sierrachart users.
You are not necessarily going to get an accurate or comprehensive answer regarding this from FXCM customer support or whoever you contacted.
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: 2015-08-17 17:14:39
[2015-08-18 04:42:33]
User760942 - Posts: 120
Could the issue be that I’m getting FXCM’s quotes via your “SC Forex Data (FXCM)” option instead of your “FXCM FIX TRADING” data option or “Iqfeed” data option?

Also, I see I’m not the first person who was unable to get accurate FXCM price data when using Seirra Chart.
SC Bid/Ask != FXCM Bid/Ask
Did FXCM ever respond to your querry in the above mentioned link?

I really like your software, but I don’t see how I can consider using it if neither you nor FXCM can fully explain why I’m not getting accurate price data. Even if you or FXCM are marking the prices up, I would at least need to know by how much so I could adjust my trading strategy accordingly.
[2015-08-18 05:09:56]
Sierra Chart Engineering - Posts: 104368
We really do not know what to say about this, and we are busy with a lot of other high-priority tasks. At this point, we recommend looking elsewhere because we cannot spend time answering further questions about this.

Also, Sierra Chart is simply retransmitting the bid and ask prices from the FXCM FIX data feed we have with FXCM. It is also not fair to say the data is not accurate. Obviously the data FXCM is providing, is accurate on the FIX feed we have from them.

That same data feed is used for FXCM FIX Trading. Although with FXCM FIX trading, you have the choice of using a second data feed which has different pricing. What exactly the differences are, we are not sure.

In regards to the answer we got from FXCM, we do not specifically remember what it was, but in general these kinds of questions do not get a clear and definitive response. We do know, that FXCM does not have a single bid and ask price. It depends upon the account.
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: 2015-08-18 05:15:14
[2015-08-18 05:19:31]
Sierra Chart Engineering - Posts: 104368
Do you have a live FXCM account? And we assume it is a US account?

If you have a FXCM FIX account, we recommend using FXCM FIX Trading service in Sierra Chart and see if you get a match by trying the two different data feeds available.

It would be very simple, if FXCM has standard pricing. They do not. And how many different pricing models they have, we have no idea and what the differences between them are and who gets what, we have no idea.
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: 2015-08-18 05:24:44
[2015-08-18 06:18:03]
Sierra Chart Engineering - Posts: 104368
We have monitored the FXCM feed for EURUSD for about 30 minutes.


We noticed a spread as large as .00015, only infrequently though, and as small as 0.00001, also infrequently.


This seems to make sense because FXCM indicates they provide raw spreads.
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: 2015-08-18 06:25:07
[2015-08-18 23:27:45]
User760942 - Posts: 120
If/when you have time please reach out to FXCM for full clarification on all this and let me know what they say.

Would really love to use your software.

Thanks.

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