Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

Sierra Charts for MP: Any users?

Recommended Posts

Does anyone have any experience with Sierra Charts for MP? Im giving it a try and am unable to plot profile charts for previous sessions without affecting the scaling of the charts. I am able to chart a one day profile or a composite profile for x number of days. But when trying to view profiles of past sesions it is giving me issues.

 

Anyyways, if you have any tips please let me know. For those of you are not familiar with the Sierra Charts MP package they are offering a 14 day free trial.

 

Attached is a snapshot of a YM profile from March 6, 2007.

march6ym.jpg.b78135cb454ecfbdd4c7945f043e44bc.jpg

Share this post


Link to post
Share on other sites

James,

 

You probably want to look at the scaling. I have only done MP experimentally because I don't need it for my trading but when I was experimenting I used a constant range scale set to cover 2-3 days of low range movement and then moved the "window" up and down.

 

Try automatic. Try a set amount centered around the last price on the screen.

 

I'm not sure what would work for you.

Share this post


Link to post
Share on other sites

Thank you Kiwi.. I have been playing around with it. I noticed that the best way to plot MP would be to enter a fixed date from start to end with fixed ranges. (a little annoyed by this)

 

Also I am unable to find any tool that will let me scroll up or down. (even on the window) I am basically using the auto scaling feature on the charts by dragging up and down. I found some videos on Sierra and was quite happy but then the moment I played them I was heavily disappointed.

 

Ill see if I can get used to this... if not I will consider a different vendor.

 

Thanks.

Share this post


Link to post
Share on other sites

You can change the scale or move the scale up and down by left clicking in the price scale and then moving the mouse up while held. You can choose which you want. Or you can hold Ctrl down as well to get the other one.

 

I think this might be an advanced feature but I'm not sure.

 

It does make rescaling pretty easy. It will also let you adjust the "white space" around the current automatic scaling.

 

I think many people particularly those used to the tradestation way of doing things (i came from ts2000i) find Sierra counterintuitive for a few weeks. But most get past that.

Share this post


Link to post
Share on other sites

ahh okay, the ctrl makes my life alot easier now. How do you remove the "white space"? Are you referring to the space from one trading session to the next? Also is there a way of deleting the decimal points from the price scale?

 

I am a typical TS user so finding Sierra either extremely simply and hard or just plain hard. :)

Share this post


Link to post
Share on other sites

Get used to pressing F5 and F6 a lot on the charts until you start to really understand it.

 

Press F5 ... change the price display format.

 

Its like tradestation in that it has a huge amount of hidden complexity (once u are setup and using it in the same way day by day) but its like a flight sim game compared with doom ... there is a bit of learning.

 

Its weakest point is in drawing tools and editing text (imho) but I think admin will get onto that area again once they've got the new "easy" dll creation all bedded down and everyone's happy with that.

Share this post


Link to post
Share on other sites

James, have you figured out how to scale the charts? I started a free trial last week and have benefited from the intraday chart, but I can't view daily charts next to each other. It seems like there's a huge amount of space separating the days. I have to push the left arrow a lot to see the previous day(s).

Share this post


Link to post
Share on other sites

So what do people use to get Market Profile?

 

I came across this site while looking for information on Market Profile. Great site!

 

When I was trading for a large bank I used CQG. However, now I am my own and CQG is out of my budget. I am just starting to set up my home operation, I have had an IB account for years but it seems that getting on to the Tradestation platform will solve my charting needs. Do people buy indicator add-ons like the ones from Sirtrade (400euro annually) or 1st-TradingTools? or is there something else for Tradestation that I am missing?

Share this post


Link to post
Share on other sites

There's a list of providers on the CBOT website. Unfortunately there are no free ones - Sierra is the cheapest. Others include eSignal and there's an add-on for NinjaTrader.

Share this post


Link to post
Share on other sites

I am currently in my search as well cborjon...each one I find has its major pros and cons that almost preclude each other to point I can't find what i am looking for. I am considering Investor RT right now.

Share this post


Link to post
Share on other sites

Chad,

 

Hey how's it going? I was wondering- on your playback feature, do you have a sim broker feature for paper trades on futures? I really like what you have set up, by the way with RT.

Share this post


Link to post
Share on other sites

Hey Reaver, Chris.

 

Reaver, what you could do is simulate using the built-in portfolios within Investor/RT. You can setup automation from either signal markers, or the trading system indicator, to send orders to an IRT portfolio that you create. You can keep the portfolio open during playback and watch orders flow in and out of them, and then review the activity at the end of the day with the portfolio reports.

 

This is an area we plan to devote alot of time to in the coming months. We have an MB Trading version currently in beta testing, and plan on implementing OpenTick and TransAct integration in the near future. I also intend to create some new videos focused on automation to illustrate how to accomplish these tasks in IRT.

 

Regards,

Chad

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.