CQG Broker Profile: Difference between revisions
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== General Information == | |||
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|'''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. | |||
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. | 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. | ||
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Stop-Limit orders with stop and limit levels not overlapping each other are rejected by the broker. | Stop-Limit orders with stop and limit levels not overlapping each other are rejected by the broker. | ||
When an | 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 [[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. | |||
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 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. | |||
[[Category:Broker Profiles]] | [[Category:Broker Profiles]] |