The unique Local Trade Copier study bundle for Sierra Chart allows you to copy your orders and trade position changes in real-time to any other chart on your local machine. LTC V2 was just released which supports waiting orders and a few more features.
You can quickly take this study for a FREE test ride. Click the button below to go directly to the license options.
LTC V2 was released. Active subscribers can simply restart SC to get the latest study version.
The concept is fairly simple. A transmitter study will send signals to connected receiver studies whenever your waiting orders are issued, your trade position changes or attached orders are moved. You setup a transmitter study and as many receiver studies on other charts or SC installations and/or instances as you need.
You can trade from your main chart and copy your orders on charts that run the receiver study. This receiver study can run on charts used on different installations or instances of Sierra Chart. This allows you to copy trades to multiple other trading accounts that are set by the particular SC installations you are using. You can run as many combinations of transmitter and receiver studies as you desire.
Unlike the built-in SC trade copying feature you can copy between charts that use different trading services. With this LTC V2 study you can trade multiple accounts or multiple instruments from one chart with flexible settings as well as flawless and lightning fast execution.
The SST LTC study concept allows you to copy trades between separate charts independent of the configuration of the chart or the installation/instance it is using. This is not an account based copy method, so you will need to load a chart to copy trades, currently for a 3rd party developer there is no other way to do this in SC.
If you choose so you can also copy price changes of any attached stop and target orders to be reflected on the receiver end. Check out the full study description inside SC.
This study bundle only works on your local machine there is no support for virtualization or local netwerk implementations.
Yes. The LTC is a custom study solution for trade copying. A custom study that needs to be loaded on a chart in order to perform a custom task.
With the SST Local Trade Copier V2 studies you have a more flexible functionality.
- You can copy between running SC instances, so you are not limited to a single trade service account.
- Sizing is more flexible as you can scale with different sizes and also use a smaller size on the receiver end.
- You can copy your trades using different trading instruments.
- You can copy only when a trade is entered on a specific chart. So if you only want to copy trades you initiate on your strategy X chart you can do that. Setting the transmitter chart origin and your specific TAG. Basically allowing you, for instance, to copy your scalps but not your swing trades.
- You can show a text on the chart where you have a study active, reminding you of the loaded functionality.
- You can fade the main signal on your receiver side.
Yes. If you know what you are doing. I do not provide setup support for this, but there are many SC users that use the SC feature alongside the LTC study.
Yes. You can use this on different SC instances configured with different trade services like Rithmic or any other service that works with SC.
Unfortunately this does not work. You will need to use a windows machine.
If you use virtualization software to run SC on a few different virtual machines on your local machine and want to copy trades between these SC instances, than unfortunately this does not work.
Running SC instances on the same virtual machine will likely work.
Using a VPS will work.
Yes. LTC V2 now supports waiting orders.
Although Linux is not formally supported. SC and this study is reported to be running very smooth on Linux with wine .
Yes, it works just the same. Be reminded that a study license is only valid for one SC account name. You will need to get an additional license to use the LTC study with another SC account.
Not really. This is a trade copier study to be used on your local computer. There is no support for networked or internet based copying. In the future a different study with such support will become available. If you really want to copy for your friends or family, you would need to get their permission to use SC under their account name on your local machine. It's technically possible, but I think it's not a good idea and possibly against SC or your trade service user policy.
There is a quick overview video so you can get started. Enjoy. Get a free trial license below and have test drive to see what's possible.