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Date/Time: Tue, 27 Oct 2020 20:18:42 +0000



Recenter DOM on BID/ASK Midpoint

[2017-10-13 14:49:14]
User891094 - Posts: 11 | Ending Date: 2020-02-06 [Expired]
Hello dear support guy, I have this tiny little request/question for trading via DOM.

I mostly trade illiquid and volatile stuff and this is pretty problematic when it comes to using the DOM.
DOM recenters on last price which can be a pain in the ass when bid/ask is flipping all over the place and the last trade is 20seconds old (Mini - Dax, Natural Gas Backmonths). Is it possible to recenter the DOM based on the bid/offer midpoint?


Either I'm to stupid to find this option or it's not implemented.
Thanks for your help and your suggestions.

WarrenMuppet
[2017-10-13 17:09:03]
Sierra Chart Engineering - Posts: 90742 | Ending Date: 2021-04-05
We will see about this.
Sierra Chart Support - Engineering Level

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[2017-10-21 10:04:58]
Sierra Chart Engineering - Posts: 90742 | Ending Date: 2021-04-05
This is implemented in the current version 1626.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
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If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2017-10-21 18:43:51]
User891094 - Posts: 11 | Ending Date: 2020-02-06 [Expired]
Works like a charm, thank you
[2018-05-27 11:12:14]
YK - Posts: 33 | Ending Date: 2020-02-24 [Expired]
Hello SC Team.
Version 1746.
Recenter DOM is still based on the last price, not the bid ask mid point.
We very appreciate implement "Recenter all DOM based on the bid ask mid point".
This is very important for order flow trader.
[2018-05-27 12:04:53]
Andreas - Posts: 521 | Ending Date: 2020-11-17
yes, i agree.. its a bit annoying as it is right now, please consider to use the midpoint
[2019-02-23 21:45:32]
whats1thingnow - Posts: 275 | Ending Date: 2020-12-16
+1
[2019-09-23 18:46:33]
Alex Niemi - Posts: 39 | Ending Date: 2020-11-14
Engineering Team,

Just wondering if this is still in your backlog? Your DOMs are excellent overall and improving the recentering functionality would make them even better. Just in case the request wasn't clear enough, here's a user story for it:

As an order-flow trader who uses multiple DOMs to trade several different markets at the same time, I want to recenter all open DOMs* simultaneously such that the center line for each DOM is located between the current inside bid and ask prices for the market displayed in that DOM so that I can easily see when one of the markets has ticked up or down relative to the other markets.

*All DOMs contained in the same/active chartbook.

In the case of thin markets where there is a spread, I would suggest defaulting to the current re-centering behavior. The pseudo-logic could be something like:

if (ask == (bid + 1 tick)) //for thick markets without a spread
{
draw centerline between current inside bid/ask (new re-centering functionality)
}
else //for thin markets with a spread
{
draw centerline according to last traded price (current re-centering functionality)
}

Thank you.
[2019-09-24 09:50:40]
User427187 - Posts: 1 | Ending Date: 2019-10-03 [Expired]
the midpoint line does not stay between bid and ask
[2019-10-09 03:54:14]
whats1thingnow - Posts: 275 | Ending Date: 2020-12-16
also waiting for this
[2019-11-04 20:54:19]
User495158 - Posts: 85 | Ending Date: 2021-06-09
+1
[2019-11-22 08:34:54]
User234172 - Posts: 36 | Ending Date: 2019-12-31 [Expired]
+1, re-center to mid B/O pls. Sometimes it does, sometimes it doesn't.

And with my Trade DOM's aligned across the screen, all equal height, the center lines do not remain lined up across the screen when re-center all is clicked. Three of 4 do, one is always off by a price level, same every time. I just cant figure out why. All I can do is make the offending DOM some amount shorter than the others to offset the consistent delta in re-center lines.

Related, if you have a control bar attached to top of one DOM, it will throw the re-center off as well.
[2019-12-26 10:51:35]
BenjParis - Posts: 57 | Ending Date: 2020-10-25 [Expired]
As you can see on image, recenter doesn't center on bid/ask midpoint. Worse: sometime it does, and sometime it doesn't, which defeats the purpose of centering on multiple doms.

And with my Trade DOM's aligned across the screen, all equal height, the center lines do not remain lined up across the screen when re-center all is clicked. Three of 4 do, one is always off

+1

Common guys, no professional trader on TT or CQG would tolerate this
Date Time Of Last Edit: 2019-12-26 10:56:36
imagerecenter.JPG / V - Attached On 2019-12-26 10:51:28 UTC - Size: 34.27 KB - 105 views
[2019-12-26 11:13:40]
User495158 - Posts: 85 | Ending Date: 2021-06-09
Agree completely. This is not a feature request, but a request to implement a feature correctly because currently it is not working as it should.

And this is not some trivial part of the program, rather a crucial one for trading with DOM. In essence it is like you produce a car with faulty speedometer and you can't set it properly.

It would be a nice Christmas present :)
[2020-01-08 17:41:45]
Sierra Chart Engineering - Posts: 90742 | Ending Date: 2021-04-05
We still need to follow up on this.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2020-10-15 06:52:37]
User495158 - Posts: 85 | Ending Date: 2021-06-09
Hello SC team, any progress on this feature?

Thanks
[2020-10-18 17:34:43]
User342579 - Posts: 3 | Ending Date: 2020-10-31
+1

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