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Date/Time: Thu, 13 Dec 2018 07:31:58 +0000



[Sticky] - Announcement: Realistic Futures Trading Evaluator Service Now Available

Support Request:
[2018-09-03 22:38:42]
Sierra Chart Engineering - Posts: 66930
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 We know services like Rithmic can work around this but we have been told that they are following outdated rules or the current rules are not being applied to them.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: 377
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: 66930
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: 66930
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:
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.
[2018-09-19 20:00:41]
User379468 - Posts: 46
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: 66930
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: 66930
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: 66930
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: 377
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: 66930
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: 66930
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: 66930
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: 66930
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

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