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CQG Broker Profile

151 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.== General Information ==
If there are any CQG applications installed on Please make sure that your PC, it is required to delete them prior to installing the supported version of meets CQG APIrequirements and technical specifications: http:# '''Windows Start''' menu# '''Control Panel'''# '''Uninstall a program''' / '''Programs and Features'''# Select each of the following applications and uninstall all of them:#* '''CQG Trader'''#* '''CQG Auto Upgrade Service'''#* '''CQG Trader API'''#* '''CQGNet'''#* '''MultiCharts API''' (with CQG icon)# Not all versions of CQG software are supported/www.cqg.com/Docs/CQGTraderSystemSpecs. pdf
If you need '''If data''' from CQG data source, make sure you are using MultiCharts 8.5 Release or Release Candidate, install the following version of have [[CQG|'''CQG APIdata feed''': https://dl.dropbox.com/u/95112551/Multicharts_COMAPI_en-US_production_V4.05.101_Install]] set up.msi
'''If you are using MultiCharts 8It is possible to use different accounts for getting data and trading.0 Release or any previous version, install the following version of CQG API''': https://dl.dropbox.com/u/27918922/Multicharts_COMAPI_en-US_production_V4.04.542_Install.msi
At the moment it is not possible to use multiple Indexes are supported only with Live CQG/AMP accounts in MultiCharts. Only one and the same account should be used for getting data and trading. If different logins and passwords are entered in CQG data source configuration and broker profile, connection to data source will work, the broker profile will not.
AMP accounts originally created for a different software will not work in Open position Profit/Loss is calculated by MultiCharts. Customers need to contact AMP directly to setup their accounts Unrealized Profit/Loss for the account is calculated by MultiCharts or request a demo account here: [http://www.ampclearing.com/multicharts.html] Open Closed position Profit/Loss is provided through CQG APIcalculated by MultiChartsUnrealized Realized Profit/Loss for the account is provided through CQG APIcalculated 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 Broker Profile in MultiCharts: == CQG '''accounts''' originally created for '''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. <div style="background-color: #E3FBE5;">'''Note''': CQG software and MultiCharts should not be launched simultaneously.</div> == 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: <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. 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.
CQG does not support Native OneEnable '''Convert stop limit orders into limit orders if stop price is hit upon order placement''' checkbox if you want Stop-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO Limit orders are sent to be converted into Limit when the broker, stop price is monitored by MultiCharts and once one of reached when the orders order is filled, other orders from this OCO group are cancelled by MultiChartsplaced. When one of this option is checked, the OCO orders conversion is performed according to the following conditions:* If the Buy stop trigger price is filled(<=BestAsk and <=LastTrade) or <=BestBid, MultiCharts sends then convert and submit a command to cancel the second OCO limit order to broker. Note that ;* If the second order may also be filled if Sell stop trigger price reaches its level before the cancellation is processed by the broker (see [[Trading Risks# OCO-Orders Risk|OCO-Orders Risk]]>=BestBid) and (>=LastTrade)or >=BestAsk, then convert and submit a limit order.
====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 off'''</div># Reconnection Settings section. <br/> Configure timer to reconnect if connection to CQG is lost.<br><div style="background-color: #E3FBE5;">Select a Broker Account For Trading]]'''Note''': It is recommended to launch MultiCharts by making a right-click on the icon -> Run as administratorguide. A popup dialogue message will appear where you need to allow CQG API to connect to the Internet (That should be done upon first connection after API installation. You can start MultiCharts in regular mode after that)</div>
[[Category:Broker Profiles]]

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