Charting and Studies User Guide - CQG.com

Page 472
Hints from Joe DiNapoli:
• For clarity, I suggest as a minimum a 17-inch monitor, flat screen with a dot pitch of .26
or less.
• The bars need to be dimmed so that you can see the FibNodes, which due to
programming issues, are sometimes written over the chart itself. I have chosen a dark
gray color for the bar chart.
• Strong, clear, colors should be chosen as defaults for the FibNodes, again for clarity. I
use red for the .382 Node and purple for the .618 Node.
• Another benefit follows, namely: different colored Nodes in close proximity easily
identify Confluence.
• I suggest a bold font, 10 points or larger. If you are using the studies on stocks, you
will need to choose CQG Small or CQG Swiss, because those fonts are the only fonts
supporting fractional conversions (1/8, etc.). You also have the option of thickening the
line, representing the FibNode location. I suggest .025.
• Use different pages for different time frames so that you can keep organized. At any
given time I am likely to have several pages of D-Level studies for each instrument I
follow.
• I might use daily and weekly files for items I am trading long-term. But for intra-day
trading the S&P, the power and utility of the software allow you to have 60-minute
Nodes (FibNodes), 30-minute Nodes, as well as 5-minute Nodes. It all depends on the
time frame you chose to trade.
• If Nodes become cluttered, use the horizontal stretch button to open things up, so that
you can keep the picture clear. The software is written so it does not overwrite the
value of one Node on top of another. Therefore, if Nodes are close and the chart is not
stretched horizontally, you may loose pertinent information.
• Be sure real time is checked so that your Nodes will automatically update and reflect
current market action.
• Although program defaults have been set by CQG to reflect the above suggestions, it
may be best to check them
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