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Direct MessagesDate/Time: Sat, 20 Apr 2024 10:56:35 +0000
Best way to start with SC+TPO+Level II and CME only data.. How do do so affordably?
View Count: 485
| [2022-12-23 16:16:21] |
| Jimmy K - Posts: 10 |
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I am a prospective new user. I cant figure out which package to subscribe. I want CME only data, Level II with TPO and Mkt Profile. Whats the most affordable way to try out SC with the above options? And which broker would accommodate a new account with minimal starting balance and fees? Ive been trying to figure this out for a few weeks. Any advice would be most appreciated
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| [2022-12-23 18:22:03] |
| John - SC Support - Posts: 30976 |
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In terms of the most affordable way to get started, we recommend using our Delayed Streaming Data to start. This gives you the CME data with Market Depth at no cost. The data acts the same as real-time data but is delayed by 10 minutes and 10 seconds. This way, you can get used to the system without having to pay for data. Then, when you are ready to live trade, you would setup the real-time data. Given the above, you would then need to be on the Base Advanced Package (Package 5), as this package is necessary to get the TPOs. You can stay on Package 5 while you are using the Delayed Streaming Data and not doing any live trading. The cost for Package 5 is $36.00 per month. Once you are ready to live trade you will need to change to Package 11 (Integrated Advanced) in order to be able to connect to a trading service and to get the real-time data. In terms of a broker - the only recommendation we make is to look into the brokers that support our Teton Order Routing Service. Refer to the information on this service at the following link and you will find the list of brokers at Step #2 of the Setup Instructions on that page: Sierra Chart Teton Futures Order Routing For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-12-23 19:40:48] |
| Jimmy K - Posts: 10 |
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Hi.. I just subscribed to Pkg 11 with Denali. I see that my account is paying for all exchanges incl NYSE NASDAQ etc? Please verify and let me know how much I am paying each month for real time data. I only want CME exchange for realtime data..
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| [2022-12-23 20:20:08] |
| John - SC Support - Posts: 30976 |
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You have not activated any exchanges at this time, so you are not paying for any real-time data (nor are you getting any real-time data from the Denali Exchange Data Feed). If you want real-time data for the CME exchange, then follow the instructions at the following link: Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges* Note that if you want to get the CME Group data at the Non-Professional rates, then the CME Group rules are that you need to have a live, funded, futures trading account that we verify each month by having you connect your Sierra Chart to that account. Refer to the following: Real-Time Exchange Data Feeds Available From Sierra Chart: Understanding and Accessing Data From the CME, CBOT, NYMEX, COMEX Exchanges If you do not have an account then we recommend the solution outlined at the following link: Easy Solution to CME Funded Trading Account Requirement For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-01-05 03:30:34] |
| SamReng - Posts: 1 |
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Please review and confirm if my understanding is correct regarding the monthly recurring fee to use OrderFlow Charting for E-Mini and Micro: 1. $46 for Service Package 11 2. $11.50 for CME with Market Depth for non-professional Trading accounts If I chose to go with EdgeClear for the Teton Order Routing Service, Is there any fee needs to be paid to EdgeClear ? |
| [2023-01-05 05:16:32] |
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Yes this correct. For fees you pay your broker, you need ask them.
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 |
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