Stocks & Commodities V. 26:2 (64-66): Product Review: Sierra Chart by Dennis D. Peterson
Product Description
Product Review: Sierra Chart by Dennis D. Peterson
A charting package for as low as $17 a month and no fee for the datafeed?! Sound too good to be true? Fortunately, it is the real deal for a few thousand subscribers of Sierra Chart. The package interfaces with several datafeeds, one of them being Interactive Brokers (IB). If you open an account with IB, pay a $5,000 deposit, and at least $30 in commissions per month, a $10 monthly fee is waived for a bundle that includes Chicago Mercantile Exchange (CME) products such as emini and North American equities.
There are other ways to skin the datafeed cat. You might look into brokerages that use Transact Futures or Open E Cry, both supported by Sierra Chart, to find other free datafeed opportunities.
Sierra Chart started in 1996 as a oneperson operation. The developer saw a need to provide an inexpensive, easy-to-use software package to trade stocks and commodities. The company has since expanded. It has the usual features for a charting package and special wrinkles, making it a standout (besides its price).
A charting package for as low as $17 a month and no fee for the datafeed?! Sound too good to be true? Fortunately, it is the real deal for a few thousand subscribers of Sierra Chart. The package interfaces with several datafeeds, one of them being Interactive Brokers (IB). If you open an account with IB, pay a $5,000 deposit, and at least $30 in commissions per month, a $10 monthly fee is waived for a bundle that includes Chicago Mercantile Exchange (CME) products such as emini and North American equities.
There are other ways to skin the datafeed cat. You might look into brokerages that use Transact Futures or Open E Cry, both supported by Sierra Chart, to find other free datafeed opportunities.
Sierra Chart started in 1996 as a oneperson operation. The developer saw a need to provide an inexpensive, easy-to-use software package to trade stocks and commodities. The company has since expanded. It has the usual features for a charting package and special wrinkles, making it a standout (besides its price).
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