Charting and Studies User Guide - CQG.com

More documents

Recommendations

Info

Page 502 Range Deviation Pivots (RDPivot) This study looks at the range of a daily bar over a user-defined look back period and places 1, 2, and 3 standard deviations around the opening. This study can be applied to: • Intraday and daily bar chart • Intraday and daily candlestick chart • Intraday and daily Equalize Sessions chart • Intraday and daily Fill Gap chart • Intraday and daily Line chart • Intraday and daily No Gap chart • Intraday and daily TBTF chart • Intraday and daily Yield chart Third-Party Studies
Page 503 It appears on the chart as seven dashes. RDPLo1, RDPLo2, and RDPLo3 dashes reference 1, 2, 3 standard deviations below the opening price and RDPHi1, RDPHi2, RDPHi3 to 1, 2, 3 standard deviations over the opening price. RDPMidPoint dash corresponds to midpoint of RDPLo1 and RDPHi1. All dashes are overlaid. You are able to turn off the display of RDPMidPoint dash. Philosophy Normal Pivot theory has inherent flaws in that they are often based on just the previous day or last few days price action, and then predict the limits of range or support and resistances points based on the daily bars value. This means that overnight gaps can make the values redundant. They also suffer from the fact that if yesterdays range is wide today’s pivots will be wide, and narrow range days, (which are often ahead of heavy news days), mean that the pivots are narrow just when an expansion is due. The final flaw is the fact that the values are symmetrical and take no account of the dominant trend. Range Deviation Pivots attempt overcome these problems in various ways. Firstly the computation of the three Pivot levels is set at 1 2 and 3 standard deviations around the opening price of today’s daily bar. This means that any gap opening does not affect the reference points. Secondly, they use a user defined lookback period far longer than traditional pivots so are not affected by the more recent price action. Finally and most crucially, they have in built propriety algorithm that analyses the strength of trend and means that pivots above and below the opening are not necessarily symmetrical. If the trend is down then the pivots below the market will be wider apart from the ones above the market. This does two things. It allows the trend more room to develop and accelerate, and also tightens the risk parameters for what qualifies as a trend ending or reversing. (See page 44 of Trading Time and the Appendix for statistics on Stocks). Interpretation There are many applications to the Pivots which are explained in detail in Trading Time. However, some basic uses involve pyramiding to existing trend following systems. Most pyramids are based on entering on the close which means that the risk is greater on the pyramid because if the trend is down the close is more likely to near the low of the day. As the pivots are based on the opening value there is a fixed level at which to pyramid at the 1st deviation up if in a downtrend. The more dynamic the trend the closer the 1 st Deviation will be to do opening due to the in built skew for trending. Analysis of the vast majority of trend following systems show not only an increase in profitability, but more importantly, no decrease in the stability of the system results. The next application involves the qualification of breakouts, especially in individual stocks. These can be linked to Bollinger Band confirmation or for qualifying reversal patterns such at TD Combo and TD Sequential. This involves price closing beyond the 3 rd Range Deviation or reversing from one side of the Pivots to the other side. The next application involves the qualification of Pivot levels by the Volatility Time Bands. Hitting a range Deviation Pivot when at the 3 rd deviation of the Volatility Time Bands on 30 or 60 minute charts qualifies short term profit taking points or aggressive contra trend trades. Finally the appendix of Trading Time and www.i-traders.com show various tables that measure the probability of how many pivots can be touched in any one trading day. This has particular application in understand risk and expectation for day trading purposes. Charting and Studies User Guide
Page 1 and 2:
CQG Integrated Client Charting and
Page 3 and 4:
Table of Contents Charting and Stud
Page 5 and 6:
Fibonacci Time Retracement (FiboTR)
Page 7 and 8:
Triple Exponential (Trix) .........
Page 9 and 10:
Charting and Studies in CQG IC Page
Page 11 and 12:
CQG Charts Page 3 CQG provides a nu
Page 13 and 14:
Bars The bar display changes depend
Page 15 and 16:
Scroll buttons These buttons allow
Page 17:
Using Charts in Training Mode Page
Page 20 and 21:
Page 12 Setting Main Preferences On
Page 22 and 23:
Page 14 To change the session type
Page 24 and 25:
Page 16 From the Custom Sessions wi
Page 26 and 27:
Page 18 Setting Miscellaneous Prefe
Page 28 and 29:
Page 20 Preference Description Rese
Page 30 and 31:
Page 22 Type Description Selecting
Page 32 and 33:
Page 24 Setting Bond Continuation P
Page 34 and 35:
Page 26 Setting CID Preferences CID
Page 36 and 37:
Page 28 Select Grid Display Setting
Page 38 and 39:
Page 30 Set Time Shading Select the
Page 40 and 41:
Page 32 If you want to change the r
Page 42 and 43:
Page 34 Setting Labels and Values P
Page 44 and 45:
Page 36 Study Titles Study titles a
Page 46 and 47:
Page 38 Display the Order Book The
Page 48 and 49:
Page 40 Common Parameters Some char
Page 51 and 52:
Chart Types Page 43 CQG offers over
Page 53 and 54:
Bar Parameters • Color • MarkIt
Page 55 and 56:
Page 47 In the FX market, the Aband
Page 57 and 58:
Page 49 A constant volume chart may
Page 59 and 60:
Constant Volume Bars Parameters •
Page 61 and 62:
Equalize Sessions Parameters • Co
Page 63 and 64:
Line (Line) Page 55 Connects succes
Page 65 and 66:
Market Profile (MP) Page 57 Market
Page 67 and 68:
TPO Time TPO US CST Time K 1300 k 1
Page 69 and 70:
Markers and Indicators Page 61 Init
Page 71 and 72:
Page 63 Right-click the volume, and
Page 73 and 74:
Market Profile Toolbar The Market P
Page 75 and 76:
Changing the Price Scale Page 67 CQ
Page 77 and 78:
Changing TPO Distribution Profiles
Page 79 and 80:
To display distributions by session
Page 81 and 82:
Page 73 To remove the splits in thi
Page 83 and 84:
No Gap Parameters • Display • R
Page 85 and 86:
Percent Bar Parameters • Color
Page 87 and 88:
No Xs or Os are displayed if prices
Page 89 and 90:
Page 81 • One Step Back: Tells th
Page 91 and 92:
Spread Bar (SprdBar) Spread bar ret
Page 93 and 94:
TFlow (TFlow) Page 85 TFlow offers
Page 95 and 96:
TFlow Outputs Page 87 The cursor va
Page 97 and 98:
Time-Based TFlow Outputs Page 89 Th
Page 99 and 100:
Tick (Tick) Tick charts display eac
Page 101 and 102:
Tick Chart Smoothing (TCS) Page 93
Page 103 and 104:
Tick Chart Smoothing Outputs • Op
Page 105 and 106:
Yield Parameters • Color • Mark
Page 107 and 108:
Simple Bond Page 99 The concept of
Page 109 and 110:
Moosmuller Page 101 The Moosmuller
Page 111 and 112:
Working with Charts Page 103 Entry
Page 113 and 114:
Shortcut Opens symbol,M monthly cha
Page 115 and 116:
Embedded Errors Chart-specific resp
Page 117 and 118:
Changing the Chart Type, Interval,
Page 119 and 120:
To change the symbol Type a symbol
Page 121 and 122:
To share grids between charts Page
Page 123 and 124:
To use logarithmic or linear scale
Page 125 and 126:
Time Scale Click and drag the price
Page 127 and 128:
To set default spacing 1. Move the
Page 129 and 130:
To use global cursors Page 121 This
Page 131 and 132:
To set Price X Line alerts 1. Add a
Page 133 and 134:
Page 125 Note that if the contracts
Page 135 and 136:
Page 127 Charting and Studies User
Page 137 and 138:
1. Click the Setup button. 2. Click
Page 139 and 140:
Trading on a Chart Page 131 CQG off
Page 141 and 142:
Order Book The Order Book displays
Page 143 and 144:
Trading on a Chart with SnapTrader
Page 145 and 146:
To place a market order Click or to
Page 147 and 148:
To return to current best bid and a
Page 149 and 150:
Trading on a Chart with Studies Pag
Page 151 and 152:
Forward and Yield Curves Page 143 T
Page 153 and 154:
Opening the Forward Curve or Yield
Page 155 and 156:
The Curve Toolbar The toolbar for f
Page 157 and 158:
To move across the instruments 1. C
Page 159 and 160:
To change instrument 1. Right-click
Page 161 and 162:
Working with Portfolios Page 153 Th
Page 163 and 164:
Working with Curves Page 155 You ca
Page 165 and 166:
Setting Forward and Yield Curve Pre
Page 167 and 168:
Pointer Tools Page 159 Many pointer
Page 169 and 170:
Parameters $1:1 = entry point of fi
Page 171 and 172:
Parameters CF1:1 = the center point
Page 173 and 174:
Eraser (Eras) What it does: Deletes
Page 175 and 176:
Parameters FC1:FC1 = circle of orig
Page 177 and 178:
Parameters Page 169 • FE1 Value:
Page 179 and 180:
Parameters Page 171 • Value: Sele
Page 181 and 182:
Parameters • Date: Defines the da
Page 183 and 184:
Parameters • Color • Weight •
Page 185 and 186:
How to use it: Parameters 1. Select
Page 187 and 188:
Linear Regression (LinR) What it do
Page 189 and 190:
Parameters • Display Page 181 •
Page 191 and 192:
Parameters Page 183 • PFork 1 Val
Page 193 and 194:
Profile Area What it does: Page 185
Page 195 and 196:
• Calculate On: Select Price or V
Page 197 and 198:
Speed Lines (SpdLin) What it does:
Page 199 and 200:
Text (Text) What it does: Page 191
Page 201 and 202:
Parameters Txt1: text = the text as
Page 203 and 204:
To display the angle of the trend l
Page 205 and 206:
Add a trend line to another pointer
Page 207 and 208:
Parameters • Value: Allows the us
Page 209 and 210:
Zoom (Zoom) What it does: Page 201
Page 211 and 212:
Undo Zoom (UnZm) What it does: Page
Page 213 and 214:
To remove Pointer Tools Page 205 Th
Page 215 and 216:
To adjust pointer tools Page 207 1.
Page 217 and 218:
Basic Studies Page 209 CQG offers a
Page 219 and 220:
Accumulative Swing Index (ASI) Page
Page 221 and 222:
Adaptive Moving Average (AMA) Page
Page 223 and 224:
Aroon Oscillator (AroonOSC) Page 21
Page 225 and 226:
Aroon Oscillator Parameters • Dis
Page 227 and 228:
Average True Range (ATR) Page 219 T
Page 229 and 230:
BarXData Parameters • Color • M
Page 231 and 232:
Bollinger Band Parameters • Displ
Page 233 and 234:
Bollinger Band Difference Parameter
Page 235 and 236:
CVBXData Parameters • Display •
Page 237 and 238:
Harami Bearish (HI) Harami Bullish
Page 239 and 240:
Engulfing Bullish Page 231 The Engu
Page 241 and 242:
Morning Star Page 233 The Morning S
Page 243 and 244:
Candlestick Formation Parameters
Page 245 and 246:
Channel Parameters Set parameters f
Page 247 and 248:
To overlay charts Page 239 Overlayi
Page 249 and 250:
Other Chart Overlay Actions • To
Page 251 and 252:
Commodity Channel Index (CCI) Page
Page 253 and 254:
Congestion Count (ConCnt) Page 245
Page 255 and 256:
Delta Contours (Delta) All options
Page 257 and 258:
• Params Model: Choose model. Opt
Page 259 and 260:
Directional Movement Index Paramete
Page 261 and 262:
DMI Difference Parameters • Displ
Page 263 and 264:
Page 255 reversal. In any case, the
Page 265 and 266:
• Display: Page 257 Peak Sync: Wh
Page 267 and 268:
Envelope Parameters • Display Pag
Page 269 and 270:
Data file format The ASCII file mus
Page 271 and 272:
Fancy On Balance Volume (FOBV) Page
Page 273 and 274:
Fancy On Balance Volume Parameters
Page 275 and 276:
Fast Stochastics Parameters • Dis
Page 277 and 278:
Standard Deviation: See Standard De
Page 279 and 280:
Page 271 Imoku:3 (MaxPer(High, Peri
Page 281 and 282:
Implied Volatility (ImpVol) Page 27
Page 283 and 284:
Symbol MinDE MaxDE ODR SR MinTicks
Page 285 and 286:
Symbol MinDE MaxDE ODR SR MinTicks
Page 287 and 288:
Keltner Channel Parameters • Disp
Page 289 and 290:
Details of MPVA Calculation Page 28
Page 291 and 292:
Market Profile Value Areas Paramete
Page 293 and 294:
Missing Bar Count (MBCnt) This stud
Page 295 and 296:
Momentum (Mom) Page 287 The Momentu
Page 297 and 298:
Page 289 unable to track an extende
Page 299 and 300:
The formula for calculating the ESM
Page 301 and 302:
Moving Average Convergence/Divergen
Page 303 and 304:
Moving Average Convergence Divergen
Page 305 and 306:
Moving Average Cross Parameters •
Page 307 and 308:
Page 299 different when in real-tim
Page 309 and 310:
Moving Linear Regression R Squared
Page 311 and 312:
On Balance Volume (OBV) Page 303 On
Page 313 and 314:
Open Interest (OI) Page 305 The Ope
Page 315 and 316:
Oscillator (Osc) Page 307 The Oscil
Page 317 and 318:
Oscillator Cross (OSCx) Page 309 Th
Page 319 and 320:
Oscillator - MA of Oscillator (OsMA
Page 321 and 322:
Parabolic Outputs • Para: Value o
Page 323 and 324:
%R Parameters • Display • MarkI
Page 325 and 326:
Rank Parameters • Display • Mar
Page 327 and 328:
Page 319 ROC, like other oscillator
Page 329 and 330:
Relative Strength Index (RSI) Page
Page 331 and 332:
Reversal (Rev) Page 323 Measures th
Page 333 and 334:
Slow Stochastics (SStoch) Page 325
Page 335 and 336:
Tick Volume (TckVol) Page 327 Tick
Page 337 and 338:
TFlow External Data (TFXData) Page
Page 339 and 340:
TFlow On Balance Volume (TFOBV) Pag
Page 341 and 342:
Triple Exponential Parameters • D
Page 343 and 344:
Volatility Stop (VolStp) Page 335 T
Page 345 and 346:
Volatility System (VolSys) Page 337
Page 347 and 348:
Volume (Vol) This study displays ac
Page 349 and 350:
Volume Calculation Trade volume is
Page 351 and 352:
Volume Profile (VP) Page 343 The Vo
Page 353 and 354:
Volume and Open Interest (VolOI) Pa
Page 355 and 356:
Volume and Open Interest Parameters
Page 357 and 358:
ZigZag (ZZ) Page 349 The ZigZag stu
Page 359 and 360:
Pre-Trade Studies DOMActivity (DmAc
Page 361 and 362:
DOMTracker Oscillator (DmTrOsc) Thi
Page 363 and 364:
Trading Studies Page 355 This set o
Page 365 and 366:
Open Trade Equity (OTE) The OTE stu
Page 367 and 368:
Order Display (OrderDis) The Order
Page 369 and 370:
Order Display Parameters Parameters
Page 371 and 372:
To modify study parameters 1. Right
Page 373 and 374:
Position Parameters • Display •
Page 375:
Profit & Loss Parameters • Displa
Page 378 and 379:
Page 370 Adding Study Buttons to th
Page 380 and 381:
Page 372 To clear study buttons fro
Page 382 and 383:
Page 374 To add a study to a chart
Page 384 and 385:
Page 376 There are several ways to
Page 386 and 387:
Page 378 The DOM will display squar
Page 388 and 389:
Page 380 To remove study values Rig
Page 390 and 391:
Page 382 Adding Conditions to a Cha
Page 392 and 393:
Page 384 To create a custom conditi
Page 394 and 395:
Page 386 To set an alert from a con
Page 396 and 397:
Page 388 4. Click Include. To add e
Page 398 and 399:
Page 390 Opening the Instrument Mon
Page 400 and 401:
Page 392 Instrument Monitor Compone
Page 402 and 403:
Page 394 Chart types The right pane
Page 404 and 405:
Page 396 Title bar The monitor titl
Page 406 and 407:
Page 398 Watch List The watch list
Page 408 and 409:
Page 400 X Global Click this button
Page 410 and 411:
Page 402 Price values Choose whethe
Page 412 and 413:
Page 404 Setting Trading Display Pr
Page 414 and 415:
Page 406 Setting Portfolio Monitor
Page 416 and 417:
Page 408 Setting Basic Formatting P
Page 418 and 419:
Page 410 Setting Histogram Paramete
Page 420 and 421:
Page 412 Setting Child Row Coloring
Page 422 and 423:
Page 414 To add a tab to the monito
Page 424 and 425:
Page 416 Working with Studies and C
Page 426 and 427:
Page 418 To add conditions You can
Page 428 and 429:
Page 420 Working with Chart Columns
Page 430 and 431:
Page 422 To cut, copy, and paste 1.
Page 432 and 433:
Page 424 Working with Chart and Stu
Page 434 and 435:
Page 426 To modify a study 1. Right
Page 436 and 437:
Page 428 To hide or show columns 1.
Page 438 and 439:
Page 430 To create, edit, and delet
Page 440 and 441:
Page 432 The watch list is displaye
Page 442 and 443:
Page 434 Trading Column Description
Page 444 and 445:
Page 436 Column Image Description W
Page 446 and 447:
Page 438 To add, remove, and move t
Page 448 and 449:
Page 440 To modify and cancel order
Page 451 and 452:
Third-Party Studies CQG offers many
Page 453 and 454:
Display Parameter Display parameter
Page 455:
OB/OS Parameter These parameters ap
Page 458 and 459:
Page 450 Add on Alert (atmAoA) AoA
Page 460 and 461: Page 452 Direction Speed Indicator
Page 462 and 463: Page 454 First Alert (atmFA) The Fi
Page 464 and 465: Page 456 Major Wave Oscillator (atm
Page 466 and 467: Page 458 Possible Turning Point (at
Page 468 and 469: Page 460 Support and Resistance Ban
Page 470 and 471: Page 462 Trader Alert (atmTA) The A
Page 472 and 473: Page 464 Trend Direction Indicator
Page 474 and 475: Page 466 Trend Strength Indicator (
Page 476 and 477: Page 468 Umbrella (atmUmb) The ATM
Page 479 and 480: DiNapoli Studies Page 471 The DiNap
Page 481 and 482: Retracement (DNRetr) Page 473 DiNap
Page 483 and 484: Expansion (DNExp) CQG calculates an
Page 485 and 486: Profitunity Studies Page 477 Since
Page 487 and 488: Awesome Oscillator (AweO) Page 479
Page 489 and 490: BW All Studies (BWAll) Applies all
Page 491 and 492: BW AO (BWAO) Page 483 Investors can
Page 493 and 494: BW Zone Trade (BWZT) Page 485 The Z
Page 495 and 496: Blue Light (BluLite) The Blue Light
Page 497 and 498: Super Awesome Oscillator (SuperAO)
Page 499 and 500: Shaun Downey Studies Page 491 Benef
Page 501 and 502: HiLoCnt Parameters Name Default Def
Page 503 and 504: Interpretation Page 495 The thresho
Page 505 and 506: PRHLCnt Parameters Name Default Def
Page 507 and 508: Interpretation Page 499 The thresho
Page 509: PVHLCnt Parameters Display Paramete
Page 513 and 514: Time Average Bands (TAvBand) Page 5
Page 515 and 516: TAvBand Parameters Name Default Def
Page 517 and 518: Philosophy Page 509 Volatility Time
Page 519 and 520: ADX Steps (AdxStep) Philosophy Page
Page 521 and 522: CCI Steps (CciStep) Philosophy Page
Page 523 and 524: CciStep Parameters Name Default Def
Page 525 and 526: HVOL Steps (HvlStep) Philosophy Thi
Page 527 and 528: Page 519 Bonds will also rarely ext
Page 529 and 530: Page 521 intraday charts are finall
Page 531 and 532: Page 523 intraday charts are finall
Page 533 and 534: Page 525 consecutive times this occ
Page 535 and 536: Page 527 differ considerably from t
Page 537 and 538: Trix Steps (TrxStep) Philosophy Pag
Page 539 and 540: Divergence Studies Page 531 Shaun D
Page 541 and 542: AdxDiv Parameters Name Default Defi
Page 543 and 544: CciDiv Parameters Name Default Defi
Page 545 and 546: DmiDiv Parameters Name Default Defi
Page 547 and 548: HvlDiv Parameters Name Default Defi
Page 549 and 550: MacdDiv Parameters Name Default Def
Page 551 and 552: MmDiv Parameters Name Default Defin
Page 553 and 554: RcDiv Parameters Name Default Defin
Page 555 and 556: Interpretation Page 547 Each moment
Page 557 and 558: Stochastic Divergence (StDiv) Philo
Page 559 and 560: Name Default Definition Page 551 St
Page 561 and 562:
TrxDiv Parameters Name Default Defi
Page 563 and 564:
Page 555 The second chart is a 30 m
Page 565 and 566:
SMR Studies Page 557 Momentum tradi
Page 567 and 568:
Page 559 This example below illustr
Page 569 and 570:
Trend Change Identification Methods
Page 571 and 572:
Page 563 Moving Average Method: Thi
Page 573 and 574:
Cluster: A Stop Loss Tool (SMRCtr)
Page 575 and 576:
Line Study (SMRLin) The SMR Line St
Page 577 and 578:
Page 569 Again, you always want to
Page 579 and 580:
SMR Turning Point Indicators (SMRDL
Page 581 and 582:
Page 573 The example below is a cha
Page 583 and 584:
Turning Point Parameters Page 575 T
Page 585 and 586:
Page 577 The SMR Dotted Line (DL) i
Page 587 and 588:
Timing Oscillator A (SMRTOA) "A" Bu
Page 589 and 590:
Timing Oscillator BC (SMRTOB) "B" B
Page 591 and 592:
"D-1" Buy Signal Page 583 • The c
Page 593 and 594:
Trading the SMR Oscillator Checklis
Page 595:
Are Your Stops Being Hit Too Often?
Page 598 and 599:
Page 590 "Using Stochastics to Fore
Page 600 and 601:
Page 592 Color Coded Support System
Page 602 and 603:
Page 594 Color Coded Support System
Page 604 and 605:
Page 596 Candlestick Indicators (KC
Page 606 and 607:
Page 598 Evening & Morning Star Pat
Page 608 and 609:
Page 600 DevStop (KDevStp) The DevS
Page 610 and 611:
Page 602 Peak Oscillator (KPO) The
Page 612 and 613:
Page 604 Permission Screen (KPrmSc)
Page 614 and 615:
Page 606 Permission Stochastic (KPr
Page 616 and 617:
Page 608 Stop Amounts (KStpAm) The
Page 618 and 619:
Page 610 Danger Signals and Related
Page 621 and 622:
Supplemental Studies This category
Page 623 and 624:
Tom Joseph Studies These studies in
Page 625 and 626:
Page 617 For further information on
Page 627 and 628:
Pivot (TJPvt) Page 619 There are tw
Page 629 and 630:
Trend Index (TJTI) Page 621 The Tom
show all

Charting and Studies User Guide - CQG.com

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?