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Chart Difference between Sierra, Bloomberg, TradingView MT5 on Daily Charts

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[2018-08-27 02:00:05]
User188132 - Posts: 2
Good Day

Sierra charts are different than Bloomberg, Trading View and MT5 for the daily time frame – I’ve tried all the settings I can think of to get Sierra Charts to look like the others.

You can see from the marked areas that on the sierra charts it doesn't make a double top but on Trading View and Bloomberg it does (it also makes a double top on MT5). There are other differences between the other charts and sierra.

Any help would be greatly appreciated.
Date Time Of Last Edit: 2018-08-27 18:28:05
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imageTradingView.png / V - Attached On 2018-08-27 01:58:47 UTC - Size: 51.51 KB - 576 views
imageSierraCharts.png / V - Attached On 2018-08-27 01:58:59 UTC - Size: 25.04 KB - 565 views
[2018-08-27 05:39:18]
Sierra Chart Engineering - Posts: 104368
Is there a reason why you are using Intraday data only rather than Historical Daily data for that chart?

This is the relevant setting:
Chart Settings: Chart Data Type (Chart >> Chart Settings >> Data Limiting >> Date Range and Limiting Method menu)

That is also a continuous futures contract chart with back adjustment which is definitively going to cause differences when comparing to charts which are not back adjusted and which can use different methods of back adjustment. You also need to understand what contract month you are looking at each point in time:

Continuous Futures Contract Charts: Displaying Rollover Transition Times and Contract Months

Here is further documentation about all of this:

Continuous Futures Contract Charts: Understanding Back Adjusted Price Data and Comparisons
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: 2018-08-27 10:17:49
[2018-08-27 11:22:17]
User188132 - Posts: 2
I've used all the different setting I can think of.
1)Intraday vs Historical makes no difference.
2)Also back adjusted vs not back adjusted no difference.
3)All charts are set for V contract.
4)I've even tried using GMT instead of EDT time zone settings - still the same chart differences.
5)I've tried date adjusted vs volume adjusted the chart never changes and it doesn't match the other charts.

I'm not sure what to try next. Thanks
[2018-08-27 12:16:17]
User907968 - Posts: 802
As support says above, your bloomberg and tradingview charts are showing front month (v contract only), whereas the chart from SC is a continuous contract back-adjusted. If you set the SC chart to show only the front month, it is exactly the same. Hope this helps.
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imageclv_tv.png / V - Attached On 2018-08-27 12:14:01 UTC - Size: 68.19 KB - 376 views
imagesierra_contract.png / V - Attached On 2018-08-27 12:14:14 UTC - Size: 46.59 KB - 350 views
[2018-08-27 18:04:26]
Sierra Chart Engineering - Posts: 104368
What we recommend you do is enable this setting:
Chart Menu: Show Rollover Dates (Chart menu)

Set the Continuous Contract option to Continuous Futures Contract-Volume Based Rollover:
Continuous Futures Contract Charts: None

And set this one to Historical Chart:

Chart Settings: Chart Data Type (Chart >> Chart Settings >> Data Limiting >> Date Range and Limiting Method menu)

This will give you the most proper display. We would think the objective should not be to obtain a match to something that is wrong. but instead to have a correct chart display.
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: 2018-08-27 18:06:35

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