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Date/Time: Sat, 20 Apr 2024 11:48:48 +0000



SC with Interactive Brokers and IQFeed

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[2016-05-23 09:10:05]
User12089 - Posts: 350
Hello, the following document refers to using SC with multiple ("more than 2" as said there) Trading and Data Services

http://www.sierrachart.com/index.php?l=doc/MultipleServices.html

The document refers to using multiple instances of SC to handle such scenarios.

However it has not become clear to me whether the following simple scenario is supported by SINGLE instance of SC:

1. Trading Service - Interactive Brokers
2. Market Data Service - IQFeed

Can I use a SINGLE SC instance for the above or I have to run one SC instance for Interactive Brokers and one for IQFeed
[2016-05-23 09:14:37]
Sierra Chart Engineering - Posts: 104368
This is not currently supported but we hope to have support for this out sometime before the end of the year.

Currently you need 2 separate instances.
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
[2016-05-23 09:17:45]
User12089 - Posts: 350
Well I look forward to that future release

Two SC instances - one for Charting/Analytics with proper data like IQFeed and one for Trade Execution through IB don't deliver the convenience I am looking for and hence do not make any difference compared to:

1. SC for Charting/Analytics with proper data feed
2. IB TWS for trade execution
[2016-05-23 09:29:38]
Sierra Chart Engineering - Posts: 104368
You really should use the Sierra Chart Exchange Data Feed:
Sierra Chart Exchange Data Feed

This is the proper solution rather than IQ Feed. Why do you want to use IQ Feed rather than the Sierra Chart Exchange Data Feed? You are much better off using the Sierra Chart data feed.

Otherwise you will be waiting a very long time for this. And we cannot guarantee it would even necessarily be done this year because we are very busy.
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: 2016-05-23 09:40:35
[2016-05-23 10:05:21]
User12089 - Posts: 350
Well the key reason is that I use (or want to maintain that capability) more than one Charting/Analytics Package e.g. NT, MarketDelta etc

All these support IQFeed but only SC supports the SC Market Data Feed

Otherwise there is NO reason whatsoever to use IQFeed instead of SC Data Feed - the SC Data Feed is supper high quality similarly to SC - SC is much better than NT and Market Delta in terms of PERFORMANCE, RELIABILITY/STABILITY and features - hence until you maintain these advantages, SC will remain my MAIN charting/analytics package

Anyway, just to clarify, so you are saying that the following configuration is possible with SINGLE instance of SC:

1. Trading Service - IB
2. Market Data - SC Data Feed
[2016-05-23 10:15:28]
Sierra Chart Engineering - Posts: 104368
Anyway, just to clarify, so you are saying that the following configuration is possible with SINGLE instance of SC:

1. Trading Service - IB
2. Market Data - SC Data Feed
Yes this is the case.
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
[2016-05-23 10:23:10]
User12089 - Posts: 350
ok just because of that I may actually subscribe to SC Data Feed (in addition to IQFeed) until either:

- You release support for IQFeed and IB
- SC Data Feed becomes supported by the majority of other charting platforms
[2016-05-23 17:43:02]
Sierra Chart Engineering - Posts: 104368
Here is the documentation for the data feed:
http://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php
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
[2017-10-23 17:07:45]
stephane - Posts: 19
Hello,

Looking for the same issue, is there any update on the possibility to use 1 instance with IB and IQFeed ? I dont want to pay for 2 feeds and I use IQFeed with different tools
[2017-10-23 17:42:03]
Sierra Chart Engineering - Posts: 104368
What are those other tools you are using? If they support the DTC protocol, then you can use those other tools with the Sierra Chart Exchange Data Feed.

Refer to:
Data and Trading Communications (DTC) Protocol Server

They really should support the DTC protocol because that is a well-designed standardized protocol and not proprietary in any way, like IQ Feed. That really is the proper longer-term solution.

And refer to:
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
Date Time Of Last Edit: 2017-10-23 17:43:05
[2017-10-23 17:50:44]
stephane - Posts: 19
For now Medved Trader and other tools I have been trying on the side of SC easily connect to IQFeed. They do support barchart so I guess they could support SC. Also if they could connect to SC data service, i would need a licence for every tool right ?
[2017-10-24 04:39:37]
Sierra Chart Engineering - Posts: 104368
Well they could support the DTC protocol but that does take effort on their part.

They would just use the DTC server in Sierra Chart:

Data and Trading Communications (DTC) Protocol Server
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
[2017-10-24 04:41:57]
Sierra Chart Engineering - Posts: 104368
If you want to use IQ Feed with Interactive Brokers, here are the instructions for that:
https://www.sierrachart.com/index.php?page=doc/FileMenu.html#FileFindSymbol_OpenChartFromAnotherInstance

You will need to use two instances of Sierra Chart.
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
[2017-10-24 05:15:41]
stephane - Posts: 19
ok so i guess i will pass. I was setting up a dom/chart trading from SC, where I have got tick data from IQfeed with volume bars and so on, it was working on simulation mode. SC doesnt provide depth for stocks, and having 2 instances does not allows this setup to work as far as I can see.
[2019-01-31 13:05:38]
AKR - Posts: 523
Is IQ feed in the meanwhile supported with one instance together with a trading service?
You will tell me to use the sierra feed but I want to try/check out the IQ feed internals, especially the NYSE $TICK.
I know your documentation, I know youre opinion. But I have clear evidence that sierra $TICK often is way off TS (I just saw it myself on many days comparing them) and I was told by a friend who compared TS to IQ feed that those two are very similar.

Even if I fully beleive that your calculation is proper and probably even more correct than TS, what counts to me is what supports my trading better and that is TS.
[2019-01-31 19:22:02]
Sierra Chart Engineering - Posts: 104368
Refer to:
https://www.sierrachart.com/index.php?page=doc/MultipleServices.html#AccessingMarketDataFromOtherInstancesOfSierra%20Chart

Also the Sierra Chart TICK calculations do match exactly to the corresponding IQ Feed symbols but IQ Feed has more than one symbol which use slightly different methods like excluding trades on secondary exchanges. That is where the difference is. And that is something that we intend to do but we are just still waiting on our data provider to migrate over to a new feed protocol which will allow us to do that.
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
[2019-02-06 15:47:26]
AKR - Posts: 523
That is my preferred scenario.
Is this a matter of weeks months days?
Could you pls let me know once it is set up.
[2019-02-07 08:55:16]
Sierra Chart Engineering - Posts: 104368
Best to check back with us in about two months on this. We are also confirming with our data provider that technically this is going to be possible. Our understanding is that it is, but we need to double check on this because it has been a long time since we discussed this previously with them.
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
[2019-02-09 03:55:18]
Sierra Chart Engineering - Posts: 104368
We have checked with our data provider that we are able to determine whether an NYSE listed symbol trade occurred on the NYSE. Therefore, hopefully sometime in the next 60 days we can limit the TICK-NYSE calculation to just those trades rather than also including the secondary exchanges.
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: 2019-02-09 03:55:52

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