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Date/Time: Mon, 13 May 2024 19:44:35 +0000



Sierra Chart Data - Oil Volume

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[2017-06-22 21:21:24]
mwnl - Posts: 29
I am using Sierra to do market replay work with the CFD instrument UK Oil.

I want to check that the volume information it is giving me is correct, I sometimes see volume values under 10 on minute charts, which seems somewhat low for an instrument that is supposed to be very liquid. I have the indicator Volume loaded on my charts.

Is this measuring number of transactions or number or contracts?
Can someone tell me if I am using the right indicator and if so does it have a multiplier?
Is the data displayed the number of CFDs traded on the exchange or just through the FXCM customer base?

Thanks
[2017-06-23 17:12:26]
Sierra Chart Engineering - Posts: 104368
This section here explains this:
http://www.sierrachart.com/index.php?page=doc/SCRealTimeFOREX.php#VolumeData

It is just going to be the number of price updates from FXCM.

And you are using the correct Volume study.
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
[2017-06-24 09:06:47]
mwnl - Posts: 29
Thanks for your response.

If I am to follow the price of oil (using replay for now) would it be better to use the expired futures contracts instead of the cfd? In order to get more accurate exchange volume data. I am going back as far as February 2017.

Can you tell me which data service to select please.

Thanks
[2017-06-24 09:42:19]
Sierra Chart Engineering - Posts: 104368
Yes. Use the historical futures data. That is included in your service package.

You can find the symbols in File >> Find Symbol >> Futures- Energies.
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
[2017-06-27 21:01:46]
mwnl - Posts: 29
Thanks that's great.

One last question, how do I link several futures contracts? I have 4+ charts loaded of the same instrument, all showing different time frames. I need the 7-day and 1-day charts to show data from several previous months so i can track the trends from these months. Can I load data from three or four contracts onto the same chart?

Thanks
[2017-06-27 21:19:21]
mwnl - Posts: 29
I think I founbd the answer here - Continuous Futures Contract Charts

Which is the best option for crude oil contracts?
[2017-06-27 21:26:40]
Sierra Chart Engineering - Posts: 104368
Volume-based rollover without back adjustment.
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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