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CQG Broker Profile

309 bytes removed, 15:30, 20 June 2023
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To connect MultiCharts to CQG/AMP account, it is necessary to have CQG API installed on the computer. Also, please make sure that your PC meets CQG requirements and technical specifications http://www.cqg.com/Docs/CQGTraderSystemSpecs.pdf== General Information ==
At the moment it is not possible to use multiple Please make sure that your PC meets CQG accounts in MultiChartsrequirements and technical specifications: http://www. Only one and the same account should be used for getting data and tradingcqg. If different logins and passwords are entered in data source configuration and CQG broker profile, connection to data source will work, the broker profile will notcom/Docs/CQGTraderSystemSpecs.pdf
Open position Profit/Loss is provided through If you need '''data''' from CQG APIdata source, make sure you have [[CQG|'''CQG data feed''']] set up.
It is possible to use different accounts for getting data and trading. Indexes are supported only with Live CQG/AMP accounts. Open position Profit/Loss is calculated by MultiCharts. Unrealized Profit/Loss for the account is provided through CQG APIcalculated by MultiCharts.Closed position Profit/Loss is calculated by MultiCharts. Realized Profit/Loss for the account is calculated by MultiCharts.
If MultiCharts sends a stop order with the price equal to current market price or better (guaranteed to be executed) it will be rejected by the broker. Therefore, MultiCharts converts such stop orders into market orders.
Stop-Limit orders with stop and limit levels not overlapping each other are rejected by the broker.
When an orders order is sent from MultiCharts to CQG broker to be executed on an expired contract, the broker will automatically redirect the order to the same symbol, but currently active contract. CQG supports Native One-Cancels-Others group since version 9.1. Native OCO-group is used when the broker’s plug-in supports OCO-groups. In this case all OCO orders are sent to the broker directly and unfilled OCO orders will be cancelled by the broker (see [[Trading Risks# OCO-Orders Risk|OCO-Orders Risk]]).
== To connect CQG does not support Native One-Cancels-Others group. In this case Broker Profile in MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks# OCO-Orders Risk|OCO-Orders Risk]]).: ==
CQG '''accounts''' originally created for '''To connect CQG broker profile in MultiCharts:a different software will not work'''in MultiCharts. Customers need to contact their broker directly to setup their accounts for MultiCharts or request a new account.
If there are any CQG applications installed on your PC, it is required to delete them prior to installing the supported version of CQG API<div style="background-color:# '''Windows Start''' menu.# E3FBE5;">'''Control Panel'''.# '''Uninstall a program''' / '''Programs and FeaturesNote'''.# Select each of the following applications and uninstall all of them:#* '''CQG Trader'''.#* '''CQG Auto Upgrade Service'''.#* '''CQG Trader API'''.#* '''CQGNet'''.#* '''software and MultiCharts API''' (with CQG icon).# It is recommended to launch MultiCharts by making a right-click on the icon, then '''Run as Administrator'''. A popup dialogue message will appear where you need to allow CQG API to connect to the Internet (that should not be done upon first connection after API installation. You can start MultiCharts in regular mode after that)launched simultaneously.</div>
'''For MultiCharts 8.8 Release and newer versions you need to install the following version of == Setting up CQG API''': https://dl.dropboxusercontent.com/u/27918922/API/Multicharts_COMAPI_en-US_production_V6.00.700_Install.msiBroker Profile ==
In the '''If you are using MultiCharts 8.0 Release or any previous version, install the following version of Properties CQG API'''window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by CQG: https://dl.dropbox.com/u/95112551/Multicharts_COMAPI_en-US_production_V4.04.542_Install.msi<br>
AMP accounts originally created ::* Authorization section.<br>Enter '''Login''' and '''Password'''.::* Connectivity section.<br>Make sure that the '''Server Name''' is correct.<br> From the drop-down list select '''Sim''' for a Demo account, '''Live''' for a different software will not work in MultiChartsReal account. Customers need <br>'''Custom''' should be selected only if you received specific settings and instructions from your broker. Enable '''Convert stop orders guaranteed to contact AMP directly be executed to setup their accounts for MultiCharts market orders''' checkbox if you want Stop orders to be converted into market/limit when they are guaranteed to be executed.<br>When this option is checked, the conversion is performed according to the following conditions:* If the Buy stop trigger price is (<=BestAsk and <=LastTrade) or <=BestBid, then convert and submit a market order;* If the Sell stop trigger price is (>=BestBid) and (>=LastTrade) or request >=BestAsk, then convert and submit a demo account here: http://wwwmarket order.ampclearing Enable '''Convert stop limit orders into limit orders if stop price is hit upon order placement''' checkbox if you want Stop-Limit orders to be converted into Limit when the stop price is reached when the order is placed.com/multichartsWhen this option is checked, the conversion is performed according to the following conditions:* If the Buy stop trigger price is (<=BestAsk and <=LastTrade) or <=BestBid, then convert and submit a limit order;* If the Sell stop trigger price is (>=BestBid) and (>=LastTrade) or >=BestAsk, then convert and submit a limit order.html
== Setting up CQG Broker Profile ==
In the '''Properties CQG''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by CQG:# Authority section. <br> Enter '''Login''' and '''Password'''.<br><div style="background-color: #E3FBE5F0F8FF;">'''Note''':By default demo mode After the broker profile is '''NOT''' turned on. Check the CQG demo box to turn set up, you can select it on. Demo mode is '''required to be on''' for demo accounts. If you have real accounttrading, see the box is '''required [[How to be offSelect a Broker Account For Trading]]'''</div># Reconnection Settings section. <br/> Configure timer to reconnect if connection to CQG is lostguide.<br><div style="background-color: #E3FBE5;"></div>
[[Category:Broker Profiles]]

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