CQG 7.7 introduces Time-Based TFlow Charts. This new charting style is similar to CQG’s TFlow™ charts, but this new version, as the name implies, is based on time. Please recall that TFlow charts are CQG’s innovative view of traders’ actions at the best bid and ask prices in the exchanges order book. The high and […]
CQG offers fourteen different charting styles. One I like to use for tracking the energy markets is the Analog Chart. This chart style allows you to overlay different markets on the same chart. In my example, I have heating oil (the blue line), gasoline (the red line), and crude oil (the black bars) all plotted […]
The Order Display study shows on an intraday bar chart your entry points for executed trades and any resting orders. The executed trades are upward arrows for buys and downward arrows for sells. Any open orders are shown as horizontal lines from the time point the order was placed.
The Order Display study works well in […]
Another feature coming in 7.6 is the ability to link windows. There is a main or parent window and then all of the other windows are linked to the parent window. If you change symbols in the parent window, for example in the image provided the Quote spreadsheet is the parent window, then the other […]
Short-term trading plans often use moving averages or other studies, such as Bollinger Bands, as a point of reference for the trader. With CQG 7.5 , traders can display chart study values as small square markers on the DOM price ladder. Therefore, you can see right on the DOM price ladder the live values of […]
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 […]
I wrote an article showing how elements of TFlow can now be the basis of a trading system. That is, instead of using a “last price” based oscillator, you can use an oscillator that employs the information available from TFlow, which are trades at the bid price versus trades at the ask price. The market […]
Back in March, I posted an article detailing the tracking of the traded volume at the bid price versus the ask price on price bars. Yesterday’s release of the New Home Sales created some more examples of the usefulness of tracking the traded volume at the bid and ask price for price bars.
To start, I […]
The previous post introduced the DOMTracker, which is part of the Pre-Trade Analytics group included in 7.5. This post details another study called DOMTracker Oscillator. This study is the difference between ask volume line (red) and the bid volume line (green) from the DOMTracker Study.
To review, the bid volume line (green) of the DOMTracker study […]
CQG’s upcoming release of 7.5 has a number of interesting features built upon the market transparency available from the exchange’s order book for electronically traded products. This collection of studies is dubbed Pre-Trade Analytics. The first study detailed here is called the DOMTracker. The study is only applicable to TFlow charts.
DOMTracker, as the name implies, […]