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, […]
Active traders are always looking for situations to exploit in different markets. Any particular situation can be converted to one or a set of conditions. To aid traders looking at different markets for particular situations, CQG’s Market Scan can define a set of conditions, search a portfolio of instruments for those meeting the conditions, and […]
The CQG Order Ticker gives you a live view of the changes occurring in the exchange order book including trades executed, orders placed, orders canceled, and orders modified. The Order Ticker uses a scrolling window similar to the old ticker tapes for the stock market. This link leads to examples with labels of the denotations […]
CQG offers 15 different charting styles. The list includes: Bar, Candlestick, Constant Volume Bar, Equalize Sessions, Fill Gap, Line, Market Profile, No gap, Percent bar, Point-&-figure, Spread bar, Tick, TickChartSmoothing, TradeFlow™ , Yield bar
The choices provide traders the visual format that fits their trading style. Special charting styles include Constant Volume bars, where the bars […]
Traders using CQG can set up automated trading based on CQG’s alerts. A CQG alert can send a market order, a cancel order or a liquidate positions order to a futures exchange through CQG’s gateway.
Why use alerts? Today’s global markets offer traders many opportunities and alerts can be one way to continuously stay on top […]
Executing orders is a critical skill for traders to master. Understanding what orders are used for and how to employ them is as important as developing market analytical skills. First, some definitions for new futures traders:
Bid: An order to buy with a set price and quantity.
Jargon: “I am bidding 50 for 10.” The trader is […]
One aspect of some popular studies is the study is not normalized. That is, a study may not be range bound. For example, the Relative Strength Index (RSI) can only flash readings between zero and 100. On the other hand, the TradeFlow On Balance Volume (TFOBV) line is a running sum of the trades at […]
TradeFlow studies running with the TradeFlow charts provide traders with additional insight into the degree that traders are buying by lifting the offered price or are selling by hitting bids.
Here, we will look at some examples of these two studies: TradeFlow Volume (TFVol) and TradeFlow On Balance Volume (TFOBV).
TradeFlow Volume breaks down the trades […]
I have discussed TradeFlow in the past, but this article is the basis for a series of future articles built upon TradeFlow charting. A quick review is in order.
TradeFlow charts and studies bring to traders key market details. Primarily, whether traders are hitting bids or lifting offers to generate the last price. This information is […]
One CQG feature very important to me is the chart displays. CQG provides fourteen different styles of charting: Bar, Line, Spread bar, Candlestick, Constant Volume Bar, Equalize Sessions, Fill Gap, Market Profile, No Gap, Percent bar, Point-&-figure, Tick TradeFlow™, and Yield bars.
In addition, you can overlay different markets and studies on the same chart using […]