Changes

Jump to navigation Jump to search

CQG Broker Profile

514 bytes added, 18:38, 27 April 2018
no edit summary
To connect MultiCharts to CQG data feed, it is necessary to have their software installed on the computer. CQG has 2 programs that can be used for connection MultiCharts to CQG:# http://www.cqg.com/Support/Getting-Started/CQGT.aspx# http://www.cqg.com/Products/CQG-API.aspx<br><div style="background-color: #E3FBE5;">'''Note''': CQG software and MultiCharts should not be launched simultaneously.</div>= General Information ==
Open position ProfitPlease make sure that your PC meets CQG requirements and technical specifications: http://Loss is provided through CQG APIwww.cqg.com/Docs/CQGTraderSystemSpecs.pdf
If you need '''data''' from CQG data 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 provided through CQG API. Unrealized Profit/Loss for the account is provided through CQG API.
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.
<div style="background-color: #E3FBE5;">'''Note''': If a stop order is adjusted manually or by your script to the price equal to current market price or better (guaranteed to be executed), the order won’t be converted into market order. It will be rolled back. </div>
Stop-Limit orders: if at the moment an order is sent its stop level is met, then it will be converted into market order.
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> ::* Authority 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.
CQG does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO Enable '''Convert stop orders are sent guaranteed to be executed to the broker, price is monitored by MultiCharts and once one of the market orders is filled, other ''' checkbox if you want Stop orders from this OCO group to be converted into market when they are cancelled by MultiChartsguaranteed to be executed. When one of the OCO <br>Enable '''Convert stop limit orders into limit orders if stop price is filled, MultiCharts sends a command to cancel the second OCO hit upon order placement''' checkbox if you want Stop-Limit orders to broker. Note that be converted into Limit when the second order may also be filled if stop price reaches its level before is reached when the cancellation order is processed by the broker (see [[Trading Risks# OCO-Orders Risk|OCO-Orders Risk]])placed.
====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: #E3FBE5;">'''Note''':By default demo mode is NOT turned on. Check the CQGT demo box to turn it on. Demo mode is '''required to be on''' for demo accounts.</div>
# Reconnection Settings section. <br/> Configure timer to reconnect if connection to CQG is lost.
[[Category:Broker Profiles]]

Navigation menu