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Date/Time: Sat, 18 May 2024 08:23:15 +0000



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[2020-12-19 23:35:42]
User308616 - Posts: 4
Hi, I would like to ask a few things because I intend to change broker, and therefore number the questions for easier reading (I use google translate for the English translation, being Italian so I apologize immediately for errors):

1) Trading futures only, I read that you recommend the use of "Sierra Chart Futures Order Routing Service with Data" which in turn uses (TT), but only using the brokers listed on that page.
I will trade using studies that also automatically insert orders, is my choice okay? In the sense, do I improve from the current situation with transact?


2) I chose AMP Global Clearing, because I read that it is one of the 2 brokers who can bill your commissions (so as to be more comfortable in avoiding a few more steps but above all to avoid messing up), I might know, by opening a Live account with them, what will I have to pay to trade future CME even automatically with personal studies?
I don't mean broker commission costs, but I would like to know specifically what I will have to pay each month for the sierra side and everything related to placing / closing orders (how much sierra costs, how much does "Sierra Chart Futures Order Routing Service with Data" cost "TT" etc.)


3) Are Sierra, "Sierra Chart Futures Order Routing Service with Data" and (TT) enough or will I have to do / buy / pay something else to be able to trade Future with use and not of studies always and for now only CME?


4) For analysis, how far can I go previously periodic "1 trade per bar" accurately?


5) I have read that the time of entry (if I have not misunderstood) is as low as possible, will this even improve with slippage?


6) I am in Italy but I will use a VPS located in St. Louis Missouri, is this better or worse?


7) I use Ubuntu and derivatives a lot and for a long time, could everything be compatible with this operating system or is it better Windows (since it is VPS) server 2016?


8) How should I set the "Data / Trade Service Service Settings" in the best way since my VPS is located in St. Louis Missouri?


Many thanks in advance.
[2020-12-20 06:53:09]
Sierra Chart Engineering - Posts: 104368
1. Yes this is definitely a good choice. Order handling is very reliable and safe and is better than Transact because this is specifically developed by us end to end and we have full control over the entire order routing process except of course through TT but that is generally simplified order routing direct to the exchange.

And there are also server side managed bracket orders.

2. You need to ask the broker about their trading fees. On the Sierra Chart side, the cost is .10 USD per contract per side.


3. You will also need the Denali Exchange Data Feed for market data:
Denali Exchange Data Feed

4. We have to check but it is at least 5 years. Probably more like 10 years depending on the symbol.

5. We do not know.

6. This will be fine and a good idea.

7. You have to make your own evaluation of this.

8. You can use any of these servers:
Server 1, Server 2, Server 4.
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: 2020-12-20 06:54:55
[2020-12-20 10:23:52]
User308616 - Posts: 4
2) Will the .10 to be paid in sierra be automatically taken from the AMP Global Clearing account, or will I have to top up my account in the sierra every now and then?


7) I meant if both Sierra, both "Sierra Chart Futures Order Routing Service with Data" both (TT) and Denali Exchange Data Feed but also (since you are better than me in computer science I would say light years better) AMP Global Clearing, is everything compatible with ubuntu and runs well without problems, or just for better compatibility is Windows better?

Really very kind

Thanks again
Date Time Of Last Edit: 2020-12-20 10:32:31
[2020-12-21 05:51:43]
Sierra Chart Engineering - Posts: 104368
2. Yes this can be arranged to be automatically taken from your trading account. We do think it is best to pay Sierra Chart directly and periodically top up your Sierra Chart account but it does not have to be that way.

7.
is everything compatible with ubuntu and runs well without problems, or just for better compatibility is Windows better?

Regarding this, search this Support Board for the word Linux and you will find discussion threads about using Sierra Chart on Linux. Generally the feedback is that it works well.
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: 2020-12-21 05:52:09
[2020-12-21 15:45:05]
User308616 - Posts: 4
I forgot one last question.

Considering the use of Sierra + TT + "Denali Exchange Data Feed" and "Sierra Chart Futures Order Routing Service with Data", once an order has been entered with relative stop and profit, they remain active on the server, above all the stop and the profit, even if the platform were to shut down?

I promise it's really the last question (at least as a transact customer, I can't vouch for that when I'm an AMP customer :)).

Thanks again and happy holidays.
[2020-12-21 17:39:29]
John - SC Support - Posts: 31704
Yes, your orders are server-side when using the Sierra Chart Order Routing Service, so you do not need to worry about keeping Sierra Chart open/running while you have an open trade.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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