CQG Broker Profile: Difference between revisions
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In the '''Properties CQG''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by CQG: <br> | In the '''Properties CQG''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by CQG: <br> | ||
::* | ::* 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 Real account. <br>'''Custom''' should be selected only if you received specific settings and instructions from your broker. | ::* 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 Real account. <br>'''Custom''' should be selected only if you received specific settings and instructions from your broker. | ||
Enable '''Convert stop orders guaranteed to be executed to market orders''' checkbox if you want Stop orders to be converted into market when they are guaranteed to be executed.<br> | Enable '''Convert stop orders guaranteed to be executed to 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 >=BestAsk, then convert and submit a market order. | |||
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. | 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. | ||
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 limit order; | |||
* If the Sell stop trigger price is (>=BestBid) and (>=LastTrade) or >=BestAsk, then convert and submit a limit order. | |||
<div style="background-color: #F0F8FF;">After the broker profile is set up, you can select it for trading, see the '''[[How to Select a Broker Account For Trading]]''' guide.</div> | |||
[[Category:Broker Profiles]] | [[Category:Broker Profiles]] |