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 […]
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 […]
The gold market is holding just above the support zone. I used today’s low for the upper side of the support zone, and that could change. I have marked 4 of 5 points for a broadening triangle. The pattern calls for a new high.
The current action has the RSI readings crisscrossing the neutral 50 level. […]
The equity markets started out in a weak fashion following the weaker than expected first quarter GDP numbers. Currently, the NYSE volume ratio is indicating selling pressure while the NASDAQ volume ratio is more neutral.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are flashing neutral […]
This morning, 15-percent of the 228 ETFs I track are showing a positive gain. Industrials exchange traded funds are at the top of today’s best performing ETFs. Excel is linked to CQG for the data.
The market action is still negative based on the daily RSI readings forming a pivot high below 62. Down trending markets rarely flash RSI readings greater than 62.
The Aggregated TradeFlow chart is set to 3-ticks range (available in CQG 7.5) with my two custom studies plotted. So far, today, the market has formed a second, […]
The CQG Analog Chart, which is a chart display that plots multiple markets, has crude oil (blue bars), gasoline (light green close only line), and heating oil (white close only line) plotted. In addition, I have the RSI study plotted for each market using the same colors as the prices.
While RBOE gasoline (yellow line) has […]