Best options charting software
Including easy to use automated trading. Sierra Chart has excellent comprehensive documentation. Sierra Chart supports numerous internal and external Data and Trading services. All the major data services and backend trading platforms are supported. Sierra Chart supports DTC making it automatically compatible with any external Data or Trading service using this protocol. Sierra Chart is simple to get started with and simple to use.
Download it and see for yourself. It is well organized with all functionality easily found. Yet it has the features and flexibility for advanced users. You can create your own custom studies, indicators and trading systems using the Sierra Chart Advanced Custom Study Interface and Language or the built-in Excel compatible Spreadsheets.
Or use ones developed by Sierra Chart users and third party developers. Market Depth Historical Graph feature to display historical market depth data on charts. Data and Trading Connectivity Sierra Chart directly provides real-time forex, CFD contract for difference , stock and futures data without having to use an external service.
Sierra Chart directly provides Historical Daily and detailed Intraday data for stocks, forex, futures and indexes without having to use an external service. Sierra Chart supports many external Data and Trading services providing complete real-time and historical data and trading access to global futures, stocks, indexes, forex and options markets.
All of the major Data services and Trading backends are supported. Sierra Chart uses direct connections to all Data and Trading services. It does not use any in process blackbox API components. Sierra Chart does not use Java or. All of this means you have super high reliability, the best connectivity and support for connections. Ongoing Development and Growing Sierra Chart is being continuously improved and expanded. Use your mouse to set up and send your orders. Use our List Order Entry window to simultaneously send orders for multiple symbols.
Remain Disciplined and prevent order entry errors using our front and back end risk controls. Route your orders directly to major market centers, ECNs, and dark pools …. Build your own orders with predefined parameters.
React faster to trading opportunities by sending the order type which will increase your chances of a fill. Once your orders are configured to your liking, they can be sent instantly with the press of a keyboard shortcut.
Customizable Options Chains Set up your chains to display the exact info you need to see. You can do much more with the COE: Route your orders directly to a selected options exchange Reverse your strategies with the click of a button to reflect your market sentiment See how much premium you will pay or receive for each complex order before you send it Save your favorite strategies for faster input in future orders Executions Window Use this window to see the margin requirements on open orders and trades in each underlier.
See all trades broken down by individual fill. Use the Strategy view to manually break and hedge eligible positions. Manually hedge your positions and strategies. Select any row to break an already existing hedge.
Pin positions to mark them as hedged or broken Use Auto-hedge to automatically hedge all eligible positions for the best utilization of margin Options Level 2 Quotes Get an in-depth look at options liquidity at every price level. Lightspeed Trader provides you with real-time quote feeds from all the major exchanges. Level 2 allows you to see buyers and sellers in the market and offers insight into potential points of resistance and support. Integrated time and sales, positions bar, Greeks bar and order ticket If your strategy involves scalping options, this feature is a must.
Options Time and Sales Keep track of where options are actually trading, not just where they are being quoted. Link your time and sales window to your options quotes Customize and sort your columns based on your preferences Customizable Layouts Lightspeed Trader allows you to configure up to 10 personalized screen layouts. Layout Example Trade Stocks, Options, and Futures Lightspeed lets you trade equities, options and futures from a single screen. Level 2 stock quotes Streaming Options Chains Level 2 Options Quotes Level 2 Futures Quotes Scan the Market for Trading Opportunities Lightscan screens the entire universe of symbols to display symbols sorted and filtered based on your unique preferences.
Advanced Charting Fast — Our charts are powered directly by our ticker plant. This eliminates any delays between market prints and chart updates. Customizable -Easily link charts to Level II screens, create hot buttons to view multiple charts, automatically plot trade executions into your charts, configure time frames, change colors and display options.
Risk Controls Remain Disciplined and prevent order entry errors using our front and back end risk controls. Tip of the Iceberg These are just some of the solutions our systems offer day traders. See Lightspeed Trader in action in our video series.