Hartle & Flow

Here is another new feature coming in 7.5: The Order Display Study places symbols for executed trades, resting limit orders, and stop orders on the Market Profile Chart. And, you can trade right from the Market Profile chart using SnapTrader.

For example, here, a short sale was made in the “D” period, (highlighted in red), and a 105-22 limit bid is under the market, (white box), and a stop lost order at 105-27, (red stop order icon), are shown on the Market Profile scale.

In addition, the SnapTrader and the Order Book are displayed on the Market Profile Chart. Snap Trader is an order routing tool allowing you to place market, limit, and stop orders right from the chart. The Order Book details your current position and you can cancel resting orders by clicking on the “X”.

Traders can analyze their trading and order placement decisions from the Market Profile Chart after the market closes.

This entry was posted Friday, August 3rd, 2007 at 8:31 am and is filed under CQG Studies, Analytics and Trading with CQG, Orders and Trade Routing, Monitoring the Markets, CQG Charts. You can leave a response, or trackback from your own site.