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Date/Time: Fri, 26 Apr 2024 15:49:54 +0000

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Can't display just one L2 level only using combined market depth setting

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[2022-06-22 15:19:50] #1 [Go To First Post]
User110547 - Posts: 11
Hello, I am trying to display only one market depth number using 5 maximum market depth (Combined) and displayed on a DOM set to 5 ticksize (it is actually one for YM). Please see attached pictures for clarification -- the market depth varies between 1 and 2 numbers bid/ask, two being shown in the attached pic.


2022-06-22 10_08_29-F.US.YMU22[M] #2 _ E-MINI DOW ($5) FUTU.png / V - Attached On 2022-06-22 15:16:34 UTC - Size: 39.63 KB - 90 views 2022-06-22 10_15_32-Chart Settings _ F.US.YMU22[M] #4 _ E-M.png / V - Attached On 2022-06-22 15:16:38 UTC - Size: 28.9 KB - 84 views Attachment Deleted.

[2022-06-22 18:35:06] #2 [Go To First Post]
John - SC Support - Posts: 31147
Since you have changed the Tick Size to 5.00 from 1.00, you should use a Market Depth Combine Increment in Ticks of 5, this way the market depth will line up with the pricing. Then if you only want to see 1 Market Depth at the Best Bid/Ask (as defined by your Tick Size), then set the Maximum Market Depth Levels to 1. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2022-06-22 18:51:16] #3 [Go To First Post]
User110547 - Posts: 11
Thanks for the suggestion. I am still not getting the display I have in mind, where the first five bid/ask levels are combined and track around the price on the ladder. The market depth levels don't seem to be combinging in this case and don't track the last price quote either. Please see attached.


2022-06-22 13_43_39-F.US.YMU22[M] #4 _ E-MINI DOW ($5) FUTU.png / V - Attached On 2022-06-22 18:50:36 UTC - Size: 75.45 KB - 88 views

[2022-06-22 19:23:58] #4 [Go To First Post]
John - SC Support - Posts: 31147
The problem is that even though you have set the Tick Size to a value of 5, the chart is still updating based on the Price Display Format, and unfortunately, there is not a way to get the Price Display Format to move in increments of 5. We only allow for changes at the number of decimals. Therefore, you really can not do what you are wanting. The best you could do would be to use a Tick Size of 1.0 and a Maximum Market Depth Levels of 1. 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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