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Date/Time: Sun, 05 May 2024 02:04:31 +0000



$TICK

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[2017-01-05 07:30:47]
AKR - Posts: 523
yesterday on the open of the RTH session the Sierra Tick was showing more or less 0-300 or so.
I know from other traders that they had a tick of above 1000. And the price action agrees to that 1000+.

I know you have explained many times, that your feed is very good (which I believe as all your SW is great), and I also understand that it differs from supplier to supplier. But that was imo a bit too big off difference, especially as this was essential to get on trades early yesterday and that low tick could have kept one doing.
[2017-01-05 15:26:30]
User52989 - Posts: 42
+1 Agree completely. While SC is awesome in so many things, for some reason, they cannot get a correct $TICK reading. I have to keep an ancient TOS account active just to have an accurate $TICK chart up. I've been with SC for 7+yrs now, and this is a constant point of frustration. When you have $ES skyrocketing up and SC $TICK is registering only a +500-+600 $TICK reading and TOS/TS is showing +1K and more, it only makes sense SC is wrong. Rarely does it ever even cross the +/-500 level. Really wish they could get this right, given how well everything else works on the platform.
[2017-01-05 16:38:18]
Sierra Chart Engineering - Posts: 104368
We are going to show, that what we are providing is totally correct and this is not true:
they cannot get a correct $TICK reading.

What we are realizing, is that the others are actually not correct or are using additional data from other exchanges. And the users are using incorrect logic to conclude that the Sierra Chart TICK calculations are not correct.

The frustration is that the others are incorrect, and that users need to realize what the TICK is all about. We will explain more later today.
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: 2017-01-08 02:29:10
[2017-01-05 16:53:07]
Sierra Chart Engineering - Posts: 104368
When you have $ES skyrocketing up and SC $TICK is registering only a +500-+600
This is completely faulty reasoning. And we explain this here:
Sierra Chart Market Statistics: Market Statistics Calculations Compared to Other Data Services

And we will explain the reason again later today.

The more and more we hear this, and the more and more we look into this, the more we conclude there is *not* an issue. Once again we will have more information later today.
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: 2017-01-05 19:15:41
[2017-01-07 23:46:12]
Sierra Chart Engineering - Posts: 104368
We got behind on working on a response but we are doing this now. We should have it ready in the next 2 to 3 hours.
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
[2017-01-08 01:28:46]
Sierra Chart Engineering - Posts: 104368
Here is our detailed analysis about this:
Sierra Chart Market Statistics: Recent Analysis (Recent Analysis)

We are reviewing it now to make sure it is all good.

In that section, you will see some numbered items. Make sure you read item number 4. That really proves the Sierra Chart TICK calculation is accurate and actually discovers why there is most likely a difference. But this reason does not make it inaccurate.
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
[2017-02-22 07:59:04]
AKR - Posts: 523
once more I need to come back to this topic. I know you said whats to say but still.
I was recently talking a couple of times to a great trader who studied many NYSE TICKs (also yours). He said yours is OK, but the best one in his opinion is of Trade Station.

So yesterday on the open we had a break out. And the only reason I was not taking it was your TICK showing only 300. I talked to him after the close and he said - well my TICK was 600. I copy a screenshot. And you know, I am really really happy with SC but now I think of getting TS (in addition) just because of that TICK. And I think this should not be the case and I would acutally hate it not having the TICK integrated.

Also if you dont want to again - but is there a chance you have a look at the Trade Station Tick. I have the feeling that in the first couple of minutes your TICK never is above 300. Can this be that it is because not all Stocks trade in the beginning and then you deduct those from the ones trading on an the ask? and therefore the TICK is lower?

I know that the TICK is not weighted (and actually thats the good thing about it giving more info).

So - I understand you are sort of "nerved" of this topic, but thats really important. I think to many people, not only me. And the think is in the case of eg. yesterday. The 600 TICk of TS made much more senese. Also in hindsight. Because we are at all time highs we were breaking out of the overnight highs and that is not good prices anymore and you need to have good momentum to break that. and 300 is not good momentum.
Date Time Of Last Edit: 2017-02-22 08:01:48
imageBildschirmfoto 2017-02-22 um 08.40.41.png / V - Attached On 2017-02-22 07:58:56 UTC - Size: 95.95 KB - 353 views
[2017-02-22 18:26:30]
Sierra Chart Engineering - Posts: 104368
but now I think of getting TS (in addition) just because of that TICK.
This is what you will need to do.

The only other change that will be coming is we will be switching to a different data feed to generate the TICK from. This might make a difference but we would not think it would make much difference.

Can this be that it is because not all Stocks trade in the beginning and then you deduct those from the ones trading on an the ask? and therefore the TICK is lower?
No. This is not the case at all.
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
[2017-02-22 19:17:31]
AKR - Posts: 523
well. thats a pitty (if that is what I need to do).
You know I understand that you say that tecnically (but thats also nothing set in stone) your $Tick is right. But what does it help if like this it does not support market movement, as it should. I really think you should try to find out what TS is doing and do same. Seriously.
Date Time Of Last Edit: 2017-02-22 19:17:56
[2017-02-23 03:45:33]
Sierra Chart Engineering - Posts: 104368
There are two additional things we are going to do. We are going to switch to a different data feed, and we are also going to use only trades on the NYSE instead of other sub 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
[2017-02-23 14:29:18]
AKR - Posts: 523
think it is a good idea to exclude the sub exchanges.
pls let me know once it is done so I can check if I can see a differnece.
thank you!
[2017-02-23 18:30:50]
Sierra Chart Engineering - Posts: 104368
It is going to be a while before we can get to this. We would not expect to do this until at least a month from now.
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
[2017-09-14 05:57:41]
AKR - Posts: 523
has been anything changed on the $Tick in the meanwhile?
[2017-09-15 02:05:00]
Sierra Chart Engineering - Posts: 104368
No changes. But after looking into this further, we are confident the calculation is good. Refer to:
Why Sierra Chart TICK-NYSE Market Statistic Calculation is Very Good
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

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