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Date/Time: Tue, 23 Apr 2019 19:07:43 +0000



Announcement: Realistic Futures Trading Evaluator Service Now Available

Support Request:
[2018-09-03 22:38:42]
Sierra Chart Engineering - Posts: 71130
We have completed development of a new futures trading evaluator service which is a server-side simulation system for futures trading which can be used to evaluate one's futures trading performance.

All orders are filled on the server side and cannot be altered. And the filling of limit orders, does consider the position in queue.

This service requires the use of the Sierra Chart Exchange Data Feed:
https://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php

If you want to take advantage of the lower-priced CME exchange fees, it is necessary to have a funded trading account. There is really no way around this . We know services like Rithmic can work around this but we have been told that they are following outdated rules or the current rules are not being applied to them.

This CME is no longer making any exceptions to allowing the lower-priced exchange fees to be used unless you have a funded trading account. They may change this policy at some point in the future but at the present moment this is the policy. As you are all aware, this causes us much frustration and complicates things tremendously for users.

If you are interested in using this service, just let us know here and we will follow-up with you.

We hope this can be a replacement for using CTS or Rithmic for this purpose. However, the complication is the exchange fees. If you do not have a funded trading account, you have to pay the ridiculously higher priced fees which no one is going to pay and of course you should not be paying.

This is not a problem for the EUREX though. And if you do have a funded trading account and you want to use the lower-priced CME fees, you do need to connect Sierra Chart once a month to that trading account to be able to receive the real-time data.

Why would you want to use this service? The service is primarily meant for future trading evaluators to decide whether they want to fund a particular trader. This service does allow evaluator to monitor the trading performance of one or more traders both historically and in real-time.

Or if you want to have a verified and unalterable record of your futures trading, then this service can be used for that.

What is nice about this service as compared to using CTS or Rithmic, aside from the tremendously frustrating exchange fee issue, is that it does not require any external service. There is no additional cost for it. It is a highly reliable service that is easy to use. There are no connection settings required. The service just works without any problem. If there are any issues, we will promptly correct them but at this point, there are no known outstanding issues.

This service calculates and uses the actual true margin requirements set by the exchanges and tracks your account balance.

It is also possible with this service to set limits on what symbols can be traded, the maximum order quantities and maximum position quantities both for the symbol and globally. It supports, a daily loss limit and also an alert when a certain profit target has been set. We can also add fairly easily additional functionality similar to all of this.

The service also maintains the order fill history and all missing historical fills on the client-side can be accessed and can also be accessed by the trading evaluator.

It supports server-side OCO and bracket orders.

We know this service may not be viable because of the CME exchange fee issue, in some cases, but nevertheless we are still letting everyone know what we have available.
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.
Date Time Of Last Edit: 2018-09-04 03:12:34
[2018-09-04 14:16:24]
Andreas - Posts: 390
Or if you want to have a verified and unalterable record of your futures trading, then this service can be used for that.

that sounds tempting.. does that mean we trade service x and sierra sends all the trades to your servers as well to get that track record?
[2018-09-05 05:03:57]
Sierra Chart Engineering - Posts: 71130
that sounds tempting.. does that mean we trade service x and sierra sends all the trades to your servers as well to get that track record?
There is actually another option in Global Trade Settings to support this. We need to document that.

The service we are describing in the first post is a completely separate service separate from other services like CQG or Rithmic or CTS.
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.
Date Time Of Last Edit: 2018-09-05 05:04:06
[2018-09-15 09:23:04]
Sierra Chart Engineering - Posts: 71130
Some feedback we received about the simulator:

So the feedback was nothing but positive. Data quality, execution, etc.

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.
[2018-09-19 20:00:41]
User379468 - Posts: 93
Does this new simulator allow sim orders to work while SC is shutdown?

Does trading with a CTS feed in Sim Mode in SC allow sim orders to work while SC is shut down?

What is the benefit for those sim trading for their own testing purposes only?
[2018-09-19 21:38:16]
Sierra Chart Engineering - Posts: 71130
Does this new simulator allow sim orders to work while SC is shutdown?
Yes.

Does trading with a CTS feed in Sim Mode in SC allow sim orders to work while SC is shut down?
No.

What is the benefit for those sim trading for their own testing purposes only?
One advantage would be that the orders are maintained and filled on the server side.
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.
[2018-09-27 04:46:29]
User60271 - Posts: 42
I have a SC Exchange Datafeed subscription with CME enabled but when I try to connect using the Futures Trading Evaluator under DTS settings I receive receive an "Invalid Username/Password" message. Is there some additional step required ?
[2018-09-27 14:39:33]
Sierra Chart Engineering - Posts: 71130
Yes we have to set that up for you. Give us a couple of days for this because this would be the first request we have for this independent of a particular trading evaluator.

Also we need to know what symbols you want to trade.
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.
Date Time Of Last Edit: 2018-09-27 14:39:49
[2018-09-27 15:39:46]
User60271 - Posts: 42
ES and NQ.
[2018-10-01 17:44:17]
Sierra Chart Engineering - Posts: 71130
We now have assigned a trading account to your Sierra Chart account to use with the Futures Trading Evaluator service. It has a 100,000 USD balance.

You are allowed to trade all available symbols which do include ES and NQ. Let us know if there any other symbols you need so we can be sure they are available.

So you should now be able to connect to that service. You can select it through Global Settings >> Data/Trade Service Settings. Set the Service to "Futures Trading Evaluator".

When you connect to the service Trade Simulation Mode will be automatically disabled.

You should have no trouble. It is simply very reliable.

We are also working on serving of all of the historical account balance updates, so not only can you see your order activity but also all of the historical account balance adjustments as well.
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.
Date Time Of Last Edit: 2018-10-02 05:21:35
[2018-10-02 06:37:38]
User60271 - Posts: 42
I can connect but not receiving any market data.
The steps I followed :
Started with an existing SC installation of 1814 using the "SC Data - All Services" feed. Existing charts were updating in real time for symbols NQZ18 and ESZ18.
Disconnected the datafeed.
Changed the existing DTS configuration to the Futures Trading Evaluator.
Connected successfully.
Message log showed no errors but the chart headers no longer display the [M] symbol and there are no updates in Time & Sales window.

Extract from message log :

"No historical data client is currently set to download historical Intraday data for NQZ18. | 2018-10-02 01:33:29
Real-time Intraday chart data file updates started for NQZ18 | 2018-10-02 01:33:29
Intraday chart data file opened for NQZ18 | 2018-10-02 01:33:29
Futures Trading Evaluator | Starting real-time market data updates for: ESZ18. ID: 2 | 2018-10-02 01:33:30
Futures Trading Evaluator | Requesting security definition data for: ESZ18. ID: 2 | 2018-10-02 01:33:30
No historical data client is currently set to download historical Intraday data for ESZ18. | 2018-10-02 01:33:30
Real-time Intraday chart data file updates started for ESZ18 | 2018-10-02 01:33:30
Intraday chart data file opened for ESZ18 | 2018-10-02 01:33:30
Futures Trading Evaluator | Received security definition for symbol NQZ18 | 2018-10-02 01:33:30
Futures Trading Evaluator | Received security definition for symbol NQZ18 | 2018-10-02 01:33:30
Futures Trading Evaluator | Received security definition for symbol ESZ18 | 2018-10-02 01:33:30
Futures Trading Evaluator | Received security definition for symbol ESZ18 | 2018-10-02 01:33:30
"
[2018-10-02 06:47:45]
User60271 - Posts: 42
I also checked the Trading Activity log and noticed that there is no specific account number listed in the Account drop down. Should an account for the FTE be displayed there ?
[2018-10-02 06:49:46]
Andreas - Posts: 390
speaking of the evaluator.. you said

This service does allow evaluator to monitor the trading performance of one or more traders both historically and in real-time.

and

It is also possible with this service to set limits on what symbols can be traded, the maximum order quantities and maximum position quantities both for the symbol and globally. It supports, a daily loss limit and also an alert when a certain profit target has been set.

does that mean there is a management interface where we can set / monitor this? if so where? if not yet, when?

thanks,
Andreas
[2018-10-02 09:12:58]
Sierra Chart Engineering - Posts: 71130
Message log showed no errors but the chart headers no longer display the [M] symbol and there are no updates in Time & Sales window.
We see this problem. It is due to missing Symbol Settings. Maybe due to a parsing error. We are checking 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.
[2018-10-02 09:21:47]
Sierra Chart Engineering - Posts: 71130
Message log showed no errors but the chart headers no longer display the [M] symbol and there are no updates in Time & Sales window.
This is now resolved.

Follow the instructions here to update the Symbol Settings:
https://www.sierrachart.com/index.php?page=doc/GlobalSymbolSettings.php#UpdateSettings

I also checked the Trading Activity log and noticed that there is no specific account number listed in the Account drop down. Should an account for the FTE be displayed there ?
No only when there is trading activity. You have to look at the Trade Window itself on a chart for the account. There will be only one account.


This service does allow evaluator to monitor the trading performance of one or more traders both historically and in real-time.


It is also possible with this service to set limits on what symbols can be traded, the maximum order quantities and maximum position quantities both for the symbol and globally. It supports, a daily loss limit and also an alert when a certain profit target has been set.

does that mean there is a management interface where we can set / monitor this? if so where? if not yet, when?
The monitoring is done through another instance of Sierra Chart which also has access to the trade accounts that the evaluator is monitoring. The limits are set through a control panel we have access to and also the trading evaluator would have access to. Individual users among our general user base who want to use the service, we would be managing these settings upon request from the user.
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.
Date Time Of Last Edit: 2018-10-02 09:22:50
[2018-10-02 10:20:48]
User60271 - Posts: 42
Real time data is working now but orders are rejected. Trade Simulation Mode is not selected in SC.

Trade Service Log shows :

Futures Trading Evaluator order update (Order reject). Info: Non-simulated Trade Account (374xxx) cannot be used with Trade Simulation Mode. Internal Order ID: 6454. Service Order ID: (none). Symbol: NQZ18 | 2018-10-02 05:17:18
[2018-10-02 10:40:23]
Sierra Chart Engineering - Posts: 71130
We are resolving this now. It is related to a new software update we did.

Just give us about 10 minutes.
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.
Date Time Of Last Edit: 2018-10-02 10:40:33
[2018-10-17 09:14:01]
Sierra Chart Engineering - Posts: 71130
We are going to be extending the trade simulator to support crypto currencies and also cash Forex and allow users to create their own accounts.

And the next phase of all of this is to release a simulated exchange.
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.
Date Time Of Last Edit: 2018-10-17 09:14:16
[2019-01-29 03:16:05]
User379468 - Posts: 93
I have a funded cts account but am currently using delayed data, as I only need end of day charts for position trading. Is it possible to test the evaluator this way without the cost of the live sc exchange feed?
[2019-01-29 18:26:51]
Sierra Chart Engineering - Posts: 71130
No, but we are working on a new order routing solution and market data feed as a replacement for CTS and others. If you use this new upcoming solution, then you will have the Sierra Chart data feed and could use the trade simulator for no additional cost.
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.
[2019-01-31 21:13:16]
User379468 - Posts: 93
Thank you, what will be the benefit and cost of the new solution, and available date?

I have read the documentation, but want to be sure considering the new evaluator and new above mentioned solution. Currently, what is the lowest cost option to use your evaluator, with realtime, and with delayed data, using broker provided SC and 40 symbols?
Date Time Of Last Edit: 2019-01-31 22:42:18
[2019-02-01 02:42:52]
Sierra Chart Engineering - Posts: 71130
For the benefits and the cost of the new order routing solution, we should have the details of that out next week. Good chance we can get it out next week or the week after.

Based on your questions about "lowest-cost" we think it is best that you just wait until we can offer better pricing on the data feed which will be about 3 months. Otherwise now will be 40 USD per month. It is best just to wait.

One of the benefits is we are going to have a single unified solution which you can use for server-side trade simulation and you can also use for live trading and we provide the data feed at a low price. And web-based trading will also be supported.
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.
Date Time Of Last Edit: 2019-02-01 02:45:08
[2019-02-01 05:09:37]
User379468 - Posts: 93
Looking forward to the new solution and cheaper options. I will try the existing sc feed and evaluator for now, please set me up on it as soon as possible.
[2019-02-01 17:25:00]
Sierra Chart Engineering - Posts: 71130
Tell us what account balance you require and what particular products you want to trade. For example ES, CL.
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.
[2019-02-01 18:19:05]
User379468 - Posts: 93
50,000 and all futures symbols if possible, or at least all full CME group.
[2019-02-01 18:59:37]
Sierra Chart Engineering - Posts: 71130
Since your Sierra Chart account is through a broker, there is some additional work we need to do to get this set up and we are going to be getting to that next week. Follow-up with us again around the middle of next week.
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.
[2019-02-02 07:40:57]
ticinotrader - Posts: 129
One of the benefits is we are going to have a single unified solution which you can use for server-side trade simulation and you can also use for live trading and we provide the data feed at a low price. And web-based trading will also be supported.

Dear Support,

Can you please make sure, that you make an announcement (Sticky topic, What's New section, etc) when this new solution is ready to use? I am constantly scanning the board for information regarding this, but I am never sure if I found the latest info/update.

Thank you.
[2019-02-02 20:45:53]
Sierra Chart Engineering - Posts: 71130
Basically we are pretty much ready to get it out in the coming days. It got delayed because there was a lot of work to process the TT Position data. Unnecessarily complicated.

They do not provide that data over FIX but they have a REST API for it.

There are some final details related to billing. The billing per contract is going to be done through us. But this also means that you no longer pay the order routing technology fees to your broker. It is going to be .10 USD a contract per side. Now if a broker is willing to be billed by us for the per contract fees and for Sierra Chart for your account that is fine as well. That capability exists as well.

At this point, whatever broker you want to use, we will need to get in contact them and work out the details of making sure your account is shared to our TT FIX connection so when Sierra Chart sends orders to it, they will not get rejected. We can get started on that now. Contact us through a Account Support ticket about that:
https://www.sierrachart.com/usercp.php?page=SupportTickets

And maybe we should not say anything now but we do have our application into the CME and we are going to become a direct CME vendor and this will allow us to provide better pricing for the data feed over time. Not right away but over time as we build up the number of users. And the reason for this, is that rather than our current vendor of record getting all of the money and we get nothing, we then get the money and also can use that to continue to invest in the technology and the exchange costs.

And this is why we want to concentrate our user base onto this solution rather than all of the others because we want to be able to get more income so we can provide more exchanges and on top of that you are going to get totally reliable service.

All of the nonsense that exist with other services goes away. We are going to continue to support CQG as well and this will also be a choice as well but this is going to be technically a better solution. There simply overtime will no longer be an incentive for us to continue to support Rithmic or CTS. We are not going to drop support for those, but as we said previously we are going to make it clear to the firm's not to put anyone onto those systems at some point in the future if they want to use Sierra Chart.

What is the point in someone paying .25USD to Rithmic or CTS per trade when we get nothing and we have to put up with all of the issues that make us look bad. It does not make any sense. Users will save money on this solution and have better service, and we have a little more income to continue to invest in it and add more exchanges. Like order routing in Europe to the EUREX through a TT server in Europe.

No longer are you going to have problems connecting. The connection will just work so long as your clearing firm has provided access to the trading account.

Now finally, everything we have said above is expectations and intentions. We want to be proven correct and we will see if we are proven correct. If we are proven correct, then great. If we are proven less than correct, then we will continue to work on improving this unified solution until we are proven fully correct and until it becomes compelling that there is no reason to be using anything else. At this point in time we are not here to be forcing anyone to use the solution or forcing any kind of change. We will work towards making it compelling through operational fact and make it clear it is the best choice. This is our intention. And we will continue to make all of the enhancements to make it the best choice.

Rather than spending time integrating to various services, our development time will be concentrated on one unified solution.

Now the other thing is why are we using TT in the background for order routing? Some firms and some platform providers do not have a good experience with TT. In part due to their patent and legal issues with them. We have never had a bad experience with TT. Whenever we have communicated with TT they are quite knowledgeable and helpful. They technically have exactly what we need at a reasonable price and they have already established relationships with a large number of clearing firms which gives us access to the customers of those firms, and it is that simple.

But that does not mean we cannot do something similar like this with CQG. We will see in time.
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.
Date Time Of Last Edit: 2019-02-02 21:02:04
[2019-02-03 06:00:51]
User106180 - Posts: 70
Do you also intend to create your own solution for what you are using TT for here (order routing, position data etc)?

Apologies if I have understood this incorrectly.
[2019-02-03 06:39:31]
Sierra Chart Engineering - Posts: 71130
Do you mean not use TT for order routing? And instead use another connectivity provider? If so, not at this time.
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.
[2019-02-03 06:50:43]
User622163 - Posts: 17
"And this is why we want to concentrate our user base onto this solution rather than all of the others because we want to be able to get more income so we can provide more exchanges."

Does this suggest that in the future, you guys may be willing to add JPX-osaka (mini-nikkei 225) to the list of available data feeds? You probably remember the thread I created before: https://www.sierrachart.com/SupportBoard.php?ThreadID=38499.

mini-nikkei 225 is the most traded contract in Asia and until SC Datafeed includes JPX, i will have no choice but to remain with other datafeeds like CQG as someone who wishes for a unified datafeed solution.

Also, I assume the previously-mentioned pricing of 0.05usd/side for the new TT solution has been scrapped?
[2019-02-03 07:07:28]
Sierra Chart Engineering - Posts: 71130

Does this suggest that in the future, you guys may be willing to add JPX-osaka (mini-nikkei 225) to the list of available data feeds? You probably remember the thread I created before: https://www.sierrachart.com/SupportBoard.php?ThreadID=38499.
Yes that is the intent.


Also, I assume the previously-mentioned pricing of 0.05usd/side for the new TT solution has been scrapped?
Yes. Quality and exchange connectivity does cost money. So we have to do what we can to cover our costs. And it is possible some other exchanges may carry a higher cost.

Also Top Step Trader users who do not have funded trading accounts will not have to pay more than the nonprofessional exchange fees when using our futures trading evaluator. It is safe for us to say that because this has been confirmed by the exchange.

But this is not the case for others unless they have an arrangement directly with the CME.
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.
Date Time Of Last Edit: 2019-02-03 07:10:15
[2019-02-10 06:24:01]
User106180 - Posts: 70
Do you mean not use TT for order routing? And instead use another connectivity provider? If so, not at this time.

I meant develop your own order routing and other things you are going to use TT for. Becoming a direct CME vendor may allow for this but I don't know how it works.

Thanks.
[2019-02-10 19:00:37]
User379468 - Posts: 93
Since your Sierra Chart account is through a broker, there is some additional work we need to do to get this set up and we are going to be getting to that next week. Follow-up with us again around the middle of next week.

Could you please complete set up of the evaluator for me? I would like to begin using it.
[2019-02-10 22:57:20]
User379468 - Posts: 93
Basically we are pretty much ready to get it out in the coming days. It got delayed because there was a lot of work to process the TT Position data. Unnecessarily complicated. They do not provide that data over FIX but they have a REST API for it.

In past TT implementations there were serious issues (can be read on support board) with broker trade desk position changes being communicated to SC, consistency in position reporting in different places within SC, and with overnight positions.

Can the new integration provide an accurate/reliable/consistent position reporting throughout in all cases?
[2019-02-10 23:20:35]
Sierra Chart Engineering - Posts: 71130
Could you please complete set up of the evaluator for me? I would like to begin using it.
Yes we will get this done for you in the morning.


In past TT implementations there were serious issues (can be read on support board) with broker trade desk position changes being communicated to SC, consistency in position reporting in different places within SC, and with overnight positions.

Can the new integration provide an accurate/reliable/consistent position reporting throughout in all cases?

TT will know the definitive answer to this. We can only state the following. TT has completely removed position reporting from FIX that Sierra Chart was using previously. It is now communicated through a whole new API which we have integrated to and have tested. So we assume, whatever problems previously existed, have been addressed by them.


consistency in position reporting in different places within SC
Not sure what this is about but you certainly are not going to have this at all with this solution or any solution we have. Other than potentially with LMAX and simulated trading, but that is easily solved by adjusting the order fills start date-time within the chart.
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.
Date Time Of Last Edit: 2019-02-10 23:21:25
[2019-02-10 23:23:59]
Sierra Chart Engineering - Posts: 71130
I meant develop your own order routing and other things you are going to use TT for. Becoming a direct CME vendor may allow for this but I don't know how it works.
No not at this time and there are two major hurdles related to this. First, that would require integration to various exchange APIs for order routing when TT has a normalized interface and with the pricing they are offering us, it is just not economical to bother going direct to the exchanges.

The other main issue is that position reporting and account balance tracking, has to be performed by us. While we have that functionality, it is only being used for simulation purposes and we would not be comfortable offering it for live trading until later in this year. Furthermore the clearing firms would have to be comfortable using what we offer, and they certainly are not going to automatically do that. They already have certain systems they work with and are used to, and rely on and we would assume they are unlikely to adopt anything new.
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.
[2019-02-11 00:07:43]
User379468 - Posts: 93
"consistency in position reporting in different places within SC"
Not sure what this is about

FYI, referring to discrepancies between broker trade desk initiated and reported positions vs SC reported positions, and also between Trade Stats for Charts Positions and Trade Orders Positions window reported positions, past threads:

https://www.sierrachart.com/SupportBoard.php?ThreadID=13445
https://www.sierrachart.com/SupportBoard.php?ThreadID=5101

Hopefully all prior issues will be resolved with position reporting and overnight, but it will be great to know definitively.
[2019-02-11 19:47:34]
User379468 - Posts: 93
Yes we will get this done for you in the morning.

Let me know once ready today, and how to use, thanks!
[2019-02-12 00:52:37]
Sierra Chart Engineering - Posts: 71130
Okay there certainly can be an inconsistency when you compare the Position Quantity in a chart or Trading DOM to the Trade Stats for Charts tab and that currently does exist. With this new solution using TT for order routing in the background, this issue will be solved and will only be solved with this solution. Not for other supported services.

This is explained in more detail here:
https://www.sierrachart.com/index.php?page=doc/TradeActivityLog.php#TradeStatisticsForChartsTab

Hopefully all prior issues will be resolved with position reporting and overnight, but it will be great to know definitively.
Only TT could answer this question. Even if we ask TT about it, we do not know how to properly ask this because we do not know the specific details surrounding the problem.

Let me know once ready today, and how to use, thanks!
We are still actively working on this. We expect it will be done by the end of the day.
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.
Date Time Of Last Edit: 2019-02-12 00:54:18
[2019-02-13 00:33:23]
Sierra Chart Engineering - Posts: 71130
Hopefully all prior issues will be resolved with position reporting and overnight, but it will be great to know definitively.
We have asked this question to TT based on our understanding of the problem and they indicate that there would not be a problem with Position reporting.
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.
Date Time Of Last Edit: 2019-02-13 00:33:45

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