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Date/Time: Wed, 12 Aug 2020 15:07:16 +0000



Trade DOM “Horizontal Grid Line Increment” Settings – Instrument With Four Decimal Numbers

[2014-09-01 12:12:00]
User30668 - Posts: 108 | Ending Date: 2014-10-19 [Expired]
SC Engineering,

I apologize to take your time with this issue but I have been struggling with it for quite some time now and couldn't find any satisfactory solution to meet my needs. I wouldn't be asking if I wouldn't really need it.


1- Context:

As most traders know, many trading securities / instruments have “natural” support / resistance levels on round price numbers (i.e. Euro Futures - 1.3200) and often the 1/4 (i.e. 1.3225) and 1/8 (i.e. 1.3212/13) levels in between those round price numbers.


These precise levels and their immediate perception upon fast price movements are very important for Scalpers.


The instruments I usually trade are as described. Thus, I need to have the Horizontal Grid Lines set for these intermediate levels on my Trade DOMs and some of my Charts (0.00125 / 12.5 ticks distance apart in the case of Euro Futures).



2- Description of the problem:

I mostly trade two instruments: Euro Futures (E6) and Crude Oil Futures (CL).


With Crude Oil, I set the Horizontal Grid Line Increment value for “0.125” on the Trade Dom and it works just fine. Because this instrument's price has only two decimal numbers I have to insert the value "0.125" in the “Horizontal Grid Line Increment” field in order to get my Horizontal Grid Lines on the desired levels (every 12.5 ticks).


Unfortunately, with Euro Futures it does not work so well. As this instrument price has four decimal numbers I have to insert a value of “0.00125” in the “Horizontal Grid Line Increment” field in order to get the Horizontal Grid on the desired levels (every 12.5 ticks).


After inserting that value and clicking “OK”, at first the Grid Lines show at the correct levels. But when I move the DOM up and down the Grid lines change their position. (Please see the short video attached)


This problem just happens when I insert the value “0.00125”; if I insert “0.0025” instead, it works just fine. My problem is I really need to have those “in-between” levels in my Trade DOM.


I have already tried several other ways to get a Horizontal Grid on those levels – in my charts I am using the “Horizontal Grid” user contributed study and it accepts the “0.00125” spacing value, serving the purpose just fine.


However, this is not a good solution for the Trade Dom.


With the Trade DOM, “alien” studies overlap / interfere with the DOM Graph and, more important, don't show the levels across the Price, Bid and Ask Columns like SC Horizontal Grid does. Also, SC Horizontal Grid cleverly plots its lines in-between the prices so never overlapping the DOM Graph nor other studies.



3- My request:

As I mentioned before, I have the Horizontal Grid working as needed with Crude Oil Futures, when it is set to “0.125” Grid Increment.

It would be very, very helpful if I could have it working the same way with E6 - Euro Futures too.


I would much appreciate if you could take a look at this issue and see if you can find a way to “tweak” it in order to make it possible the Grid Lines don’t move away from their levels after being set to “0.00125” Grid Increment.




I hope that this is not a very difficult or complicated issue to resolve.

Thank you.

Date Time Of Last Edit: 2014-09-01 17:05:20
attachmentTrade DOM Grid issue.wmv - Attached On 2014-09-01 12:11:49 UTC - Size: 3.93 MB - 153 views
[2014-09-02 02:28:44]
Sierra Chart Engineering - Posts: 88536 | Ending Date: 2021-04-05
What do you have the Tick Size of the chart set to?
Sierra Chart Support - Engineering Level

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Date Time Of Last Edit: 2015-07-05 02:36:19
[2014-09-02 09:17:17]
User30668 - Posts: 108 | Ending Date: 2014-10-19 [Expired]
The Tick Size is set to 0.0001 (Default).


I have already tried to change it before (for 0.00005), to see if it would allow the Grid to be set the way I need. However changing the tick size this way causes the duplication of the price values on the Trade Dom ladder.

(Please see the screenshot attached)





Date Time Of Last Edit: 2015-07-05 02:36:38
imageTick Size changed.png / V - Attached On 2014-09-02 09:16:44 UTC - Size: 70.81 KB - 183 views
[2014-09-03 01:13:08]
Sierra Chart Engineering - Posts: 88536 | Ending Date: 2021-04-05
To avoid the duplication of prices, you need to set the Price Display Format to .00001
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.
[2014-09-03 10:14:41]
User30668 - Posts: 108 | Ending Date: 2014-10-19 [Expired]
To avoid the duplication of prices, you need to set the Price Display Format to .00001

Sorry, I think you are missing my point.


If I set the Price Display Format to .00001 and keep the Tick Size set to .0001 then the Trade DOM will show one more figure (0) at the end of each Price (i.e. 1.31560 instead of 1.3156). I could manage to trade like that but this way the Horizontal Grid lines still keep "jumping" up and down anyway, the same way as I described in post #1.



If I set the Price Display Format to .00001 and set the Tick Size to .00005 (in order to get the .5 tick) then the Trade DOM will show one more figure (0 or 5) at the end of each Price (i.e. 1.31560 / 1.31565).

This way the Horizontal Grid will be stable every 25 ticks (not 12.5) and half of the Trade DOM prices will be false figures because the instrument doesn't have them available.

This option is obviously not a solution as I can't trade from a Trade Dom with nonexistent prices.



In short:

What I really just need is to have the Horizontal Grid lines showing on every 12.5 ticks (stable, not "jumping" up and down) in a Trade DOM with E6 Futures (instrument with four decimal numbers).


Will you please see what you can do to prevent these Horizontal Grid lines to "jump" up and down when moving the Trade DOM ladder?


As I explained in post #1 I have a Trade DOM with the Horizontal Grid lines showing on every 12.5 ticks with CL Futures (instrument with two decimal numbers) and the Grid lines are stable (they don't jump up and down when I move the DOM ladder).


For better understanding the problem please see the short video attached in post #1.


Thank you.


[2014-09-04 07:49:52]
Sierra Chart Engineering - Posts: 88536 | Ending Date: 2021-04-05
We will be reviewing this in the next few days.
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.
[2015-07-07 04:23:20]
Sierra Chart Engineering - Posts: 88536 | Ending Date: 2021-04-05
Due to the length of this request and the complexity of it, we have not gotten to it until now. We are reviewing and now. It requires some careful analysis.

Really, there was not a need to write all of this information. This could've been explained in about two sentences especially with the video. With a long request like this, it only causes a further delay.
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.

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