📓

Depths - Timezones

ziiiggy.com
image

Market Depth displays the orders at different prices

Market Order Book Depth Data

If using a high enough chart package, users have the ability to view many depths of market levels. This includes: buy/sell orders, pulling/stacking, and MBO.

Market depth data can consume high amounts of hard drive storage. To toggle global depth data downloading:

  • SC Menu: Global Settings > Sierra Chart Server Settings > General Tab
  • Support Downloading Historical Market Depth Data: Yes/No as needed
  • (Optional) Max Historical Market Depth Days to Download: As needed

Note: Some brokers or prop firms do not offer full depth, and the only quotes shown are inside market bid and ask.

MBO Data

MBO stands for Market By Order, which shows the orders that make up depths and their positions in the queue. Ensure a sufficiently high enough Service Package is enabled to view this data.

Market Stats

Sierra Chart offers various market statistic symbols such as: TICK, TRIN, ADV, DECL, and many more. These can be charted using chart graphs.

  • SC Menu: File > Find Symbol > Market Stats

Official Documentation:

Downloading Market Depth Data

Market depth data is downloaded to the User/SierraChart/Data/MarketDepthData/ folder.

To toggle whether or not depth data downloads automatically simply:

  • Open Sierra Chart
  • SC Menu: Global Settings > Sierra Chart Server Settings
  • General menu
    • Support Downloading Historical Market Depth Data: Yes
    • Max Historical Market Depths Days to Download: As desired

Time Zones

Tip: Sometimes execution markers or orders may not correctly draw to graphs, make sure the computer has accurate time. For Windows users, Right Click the Data/Time > Adjust Date/Time > Sync Now

Global Settings > Time Zone Settings

image

Official Sierra Time Zone Documentation

◀️Previous Module: 📓1st Time User

▶️Next Module: 📓Update Default Settings

Back To Handbook Home

📊Sierra Chart Master Handbook - Unofficial

Check out: Gexbot

The Best Options Analytics Tool

https://www.gexbot.com/

https://www.gexbot.com/

Please be aware that the information contained in this handbook is not intended to be and should not be taken as financial advice. The creator is not a financial advisor and the materials provided should not be relied upon in making any financial decisions. Any actions taken based on the information contained in this handbook are taken at the reader's own risk and the creator will not be held liable for any losses or damages resulting from such actions.

In addition, the creator is not a registered broker or financial advisor in the United States and the materials contained in this handbook do not constitute financial advice or a recommendation to buy or sell any financial instrument. The creator does not endorse or recommend any particular investment strategy and the reader should not rely on any information contained in this handbook as the basis for making any investment decisions.

Furthermore, past performance is not indicative of future results and the reader should be aware that trading futures, crypto, stocks, and NFTs carries a high degree of risk and the possibility of significant losses. The reader should carefully consider their financial situation and seek independent financial advice before making any investment decisions.

The creator of this handbook is not an expert and the materials contained within are provided for educational and entertainment purposes only. No material contained in this handbook suggests a specific method or strategy for investing or trading, and under no circumstances should anything contained in this handbook or any related materials be considered as financial advice.

Please also be aware that some pages within this handbook may contain affiliate links that pay the creator a small commission at no additional cost to the reader. The inclusion of these links does not constitute a recommendation or endorsement of the products or services being advertised and the reader should carefully evaluate the suitability of any product or service before making a purchase.

By accessing and using the materials contained in this handbook, the reader acknowledges and agrees to the terms of this disclaimer and releases the creator from any liability for financial losses or damages resulting from the reader's use of the materials contained within. It is possible to lose more than the value of a trading account. Nothing within this handbook is advice or a recommendation to the reader. Any damages or losses following changes the reader makes to Sierra Chart after reading material within this handbook the creator should not be held liable. This handbook is NOT created by Sierra Chart and is not an official handbook to Sierra Chart. Each purchase only grants the user associated with the email provided on checkout for lifetime access. Trading is risky.