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 TradeFlow 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 TradeFlow, which are trades at the bid price versus trades at the ask price. The market […]
Another feature in 7.5 is Quantity Triggered Stops (QTS). When you use the QTS order you set a threshold for what the bid or ask size in the exchange order book has to drop below before your stop is sent in. This means that if you have a stop resting below the market, and the […]
Traders using a depth-of-market view in their DOMTrader or Order Ticket can see the activities of other traders at the inside market and around the inside market on the DOM Ladder. However, the numerical display and the speed with which traders are adding, canceling, and modifying orders in the exchanges order book makes interpreting the […]
CQG 7.5 is providing traders with analytics built on the market transparency available from the exchanges electronic order book. TradeFlow was CQG’s start, and Order Ticker, Pre-Trade Analytics, and other features have been added to 7.5 to provide traders ways to use the market information now available.
One challenge active markets are producing a great deal […]
In a previous posting, Automated Trading Using CQG 7.4 (Trend Line Cross), I explained CQG’s Alert functionality for tracking when the price action crosses a trendline. Discussed were steps on its use for triggering notification and sending orders to the exchange when a trend line was crossed. Here, we will look at the basic Price […]
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 TradeFlow charts.
DOMTracker, as the name implies, […]