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Date/Time: Fri, 26 Apr 2024 15:41:43 +0000



Using two Rithmic accounts - one with full data, second only for order routing

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[2021-04-26 09:37:04]
MatZer0 - Posts: 36
Hi,

I have:

1. A funded Rithmic account with full market depth
2. Paper trading Rithmic account for evaluation purposes with prop firm, only top of the book

Since I already pay for full market depth, I'd like to watch data from funded feed, but route my orders to second Rithmic paper trading account to perform my evaluation

Is that possible?
What kind of multi-instance setup should I use in such scenario?
[2021-04-26 15:58:16]
John - SC Support - Posts: 31146
You would need to have two different installations of Sierra Chart. One for each connection you are making. Refer to the following:
Using Multiple Data and Trading Services at the Same Time

You can then watch the system with full market depth, but place your trades on the Paper Trading system.

You should also be aware that Rithmic and we are very close to having a new interface available. You will definitely want to use the new interface when it is available.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-04-26 17:49:50]
MatZer0 - Posts: 36
Thanks for your reply

Could you please explain a bit more?

According to my requirements, do I need 3 instances? One connected to account with full market depth, second connected to prop paper trading and third putting it all together?
[2021-04-26 19:15:31]
John - SC Support - Posts: 31146
There is not an easy way to "put it all together". What we described was 2 installations, one for your live account with full market depth, and the other for your paper trading account.

Tell us exactly how you would like to be setup and we will point to the appropriate information.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-04-28 10:41:40]
MatZer0 - Posts: 36
The goal is simple:

To have a functional DOM trading window with full market depth with ability and have trades made from this DOM window executed in Rithmic paper trading account (separate account, that has only top of book data). I don't want two separate DOM windows

Please suggest the most simple way to accomplish this. It can also use Denali datafeed if that would simplify things
[2021-04-28 15:36:20]
John - SC Support - Posts: 31146
Using the Denali Exchange Data Feed is the best/easiest way to do what you want. Since you have a live, funded, futures trading account, you would just need to connect to that once a month in order to qualify for the non-professional exchange fees. Refer to the following:
Real-Time Exchange Data Feeds Available From Sierra Chart: Connecting Only Once a Month to Trading Account to Support CME Group Exchange Fees

And refer to the following for the Setup Instructions for the Denali Exchange Data Feed:
Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges*

The other option is a bit complex, but it can be done. Refer to the following:
https://www.sierrachart.com/index.php?page=doc/MultipleServices.html#AccessingMarketDataFromOtherInstancesOfSierra%20Chart
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-04-28 17:30:08]
MatZer0 - Posts: 36
If I choose to go with Denali, is that OK that my funded account is Rithmic not CQG?

Do you validate this with my broker?
[2021-04-28 18:11:10]
John - SC Support - Posts: 31146
Yes, we can validate your non-professional status using Rithmic.
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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