CQG Broker Profile
Please make sure that your PC meets CQG requirements and technical specifications: http://www.cqg.com/Docs/CQGTraderSystemSpecs.pdf
If you need data from CQG data source, make sure you have 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 calculated 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: 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 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 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.
Setting up CQG Broker Profile
In the Properties CQG window (see Managing Broker Profiles) enter the information provided by CQG:
- Authority section.
Enter Login and Password.
- Connectivity section.
Make sure that the Server Name is correct.
From the drop-down list select Sim for a Demo account, Live for a Real account.
Custom should be selected only if you received specific settings and instructions from your broker.
- Authority section.
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.
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.