Cqg Trader, free cqg trader software downloads. Dealer Trader will cut the time you spend doing dealer trades by automatically entering all trade partner info and calculating the amount of the checks needed by each store. I would like to use CQG as a data feed for Sierra charts with no trading on the laptop and keep the IB/TWS intact for trading on the Mac. The CQG data is better than IB and TWS doesn't do real TPO charts like Sierra.
MACD Steps (MacdSt) MACD Steps (MacdSt) Philosophy This study records the closing value of a bar when the moving average of the Macd Oscillator crosses up or down. This enables the ability to redefine divergence by allowing flexibility in the established mantras associated with the subject and also qualify the strength of the trend and what the highest timeframe chart is trending. This means that the trader knows what timeframe chart should be dominating there core technical based signals. The Macd is one of the slower momentum indicators so is more applicable to traders who wish to see fewer opportunities and hold trades for longer periods.
Therefore Macd Step does three things. Identifies trends, is the basis of qualifying divergence and dictates the timeframe chart to be analyzed. See chapter 3 and 4 of the book Trading Time for an expanded philosophy statement.
In order to understand and qualify both trend and divergence the studies should be applied two times. The first time records the closing value of the bar and by left clicking a second time and modifying the Value to Record to Base study.
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The increased flexibility in understanding these points derives from the ability to select what price should be used to qualify. This means if for example the relationship of the close instead of high and lows is used, it reveals the ability to quantify divergence in sideways markets in order to produce and early warning to a break out and new trend. This is referenced as divergence as a continuation. This use of different momentum indicators and variables of them to create divergence enables the trader to define how aggressive or conservative they wish there signals to be. Interpretation The use of Steps can be interpreted for both the use as a divergence and trend qualifier.
For divergence, the steps up or down between the value of the bar and the indicator should be going in opposite directions. The aggressiveness of that divergence is the number of consecutive times this occurs. Aggressive is 2 times and conservative 3 times. It is very rare for markets to step in opposite direction 4 times, whatever the timeframe used, market or indicator.
The qualifying of divergence is dictated by the direction that the steps are moving in e.g. When the moving average crosses up it is doing it at a higher level than the previous cross up (i.e. The study steps up), but the closing value of the bar on crossover of the moving average is lower than the closing value of the bar on the previous crossover (i.e. The study steps down). This would constitute positive divergence. To indicate a trend qualifier the opposite is true. The steps up or down between the value of the bar and the indicator should be going in the same direction (i.e.
Both step up or down). This confirms that the indicator is showing more momentum by reaching a larger extreme and that the value within the trend is also continuing to a larger extreme.
One of the hardest tasks a trader confronts is how to understand what is the dominant time frame and therefore the one to be referencing. A second problem is the ability to ride a trend through to its conclusion from a short term trade to a long term if the analysis dictates that is what should be done.
Steps qualify this process. The dominant timeframe is the highest timeframe chart that shows any step whether on the bar or the indicator that has stepped in the same direction on a consecutive basis on 4 occasions.
As trends extend, they must step up timeframes in order to signal that the trend is continuing and maturing. Different asset classes can extend varying timeframes before the trend stalls. Majors on Fx will rarely go more than a half day chart, whereas cross rates can move to daily charts. Mean reverting markets such as Bonds will also rarely extend to historical charts. However, individual stocks and index’s can extend to weeks and even months which means trends that began as a short term trade on intraday charts are finally exited many years later. The appendix in Trading Time shows such an example of riding the Australian stock market rally from 2003 to 2007 and over 4000 pts, with began on a 30 minute chart and ended on a weekly. The use of both Peak Range and Peak Volume act as the trailing stop to such Step trades.
MacdSt Parameters Name Default Definition Display Both Dictates whether both Steps or just individual ones are shown. Value to Record Bar Dictates whether the bars value or the indicators value is used.
Price Close Dictates what value is recorded if the bar value is selected. MA1 Period 13 First part of the oscillator.
MA2 Period 26 Second part of the oscillator. MA3 Period 9 Third part of the oscillator. Signal Period 9.000.
MarketDelta Cloud As a trader you might have not considered cloud trading. In layman’s terms, the cloud computing concept is one where the software is housed in massive hosting facilities worldwide.
So, instead of the futures trading platform running on your computer and consuming all your resources, it optimizes the performance of your platform by storing it on a network of servers, saving you from the headaches of computer crashes and hardware maintenance and upgrades. Considering the growth of cloud computing and trading software, it is rather surprising that most futures trading platforms do not dedicate more of their resources towards cloud based software. In that regard, MarketDelta is a pioneer in this field, launching a solid cloud based application with a great order entry design. Trevor Harnett, President of MarketDelta is here with us, and we asked him a few questions about their new platform –. Optimus: Trevor, what is the main benefit of cloud based trading versus downloadable software? Since you offer both versions, can you point out the difference in terms of benefits to the trader? Trevor: There are few primary differences between cloud based and downloadable software.
The rise of the internet, faster download speeds, and cheaper computing power will continue to favor the cloud over downloadable solutions into the future. In the short term, for some traders sticking with their desktop solution will be preferred, but for most people, the convenience, benefits, and cost savings the cloud provides will make the switch easy and worthwhile. Some benefits of cloud based software:. More Accessible – trade anywhere on any device. Platform agnostic – runs on PC, MAC, Tablet, Smartphones. Very User Friendly – simple, easy to use solutions are more enjoyable to use and up and running quickly.
Unified Trading Experience – everything is saved to the cloud so everything is in sync no matter the computer. Less Cost – the cloud is more cost efficient and we pass this cost savings on to traders. Redundancy – everything is backup in the cloud and the cloud is distributed across many servers in multiple locations. Some benefits of downloadable software:. More Features – time is on its side and features are fully added and integrated. More Functionality – products are mature and benefit from past investment in functionality. Greater choice of data sources – many support various data sources and order routing systems.
This inherently makes them more complex but does provide more configuration options. Optimus: You have used HTML5 type charting which have a very nice visual display. Tell us a bit how those charts function in real time and do they reflect the ticks in a timely fashion? Trevor: The HTML5 charts we use are awesome and the future of charting in the cloud. They are very responsive and will eventually offer all the features and functionality found in advanced desktop solutions. They are touch friendly and will soon be available (if not already) on tablets and mobile.
This means all the charts and layouts you build on your workstation or laptop will be saved and available on other devices instantly. Optimus: CQG has been chosen as your choice for data, charting and execution. Can you tell us about the benefits of your integration with CQG? Trevor: CQG was an obvious choice for us. We have a longstanding relationship with them that goes back about a decade. Plus, they offer the greatest futures exchange connectivity and are supported by virtually every FCM (Futures Commission Merchant) in the world. This immediately provides us with extensive market connectivity and provides access to multiple markets from a single platform.
Optimus: Going back to MarketDelta Cloud charting, can you tell us about all the features that the charts include? Trevor: As of right now here are the highlights. However, one of the benefits of the cloud is the ability to push out updates very frequently and provide additional functionality and value to traders with every login.
Each time you login you get the latest and greatest. For those interested in Footprint and TPO/Volume Profile charts, we expect to include those at some point in the futures as well.
80+ built in technical indicators. 50+ drawing tools.
Supported Chart Styles: Candle, Bar, Colored Bar, Line, Hollow Candle, Mountain (Area), Colored LIne, Scatter Plot, Baseline Delta. Support Chart Types: Heikin-Ashi, Kagi, Line Break, Point & Figure, Range Bars, Renko Optimus: Let’s talk about the total mobility of MarketDelta Cloud. Do you have the ability, for example, to save your setting while trading at home, and then open the exact workspace at your office? Tell us about these types of abilities. Trevor: We anticipate MarketDelta Cloud being available on tablets and smartphones in early 2016. Because MarketDelta Cloud is a web app available from computers with mice as well as touch screens, special considerations must be taken to have a smooth interface and expected function.
For instance, charting on a tablet needs to be similar in feel and functionality to what you have on a PC or MAC. One of the major benefits the cloud provides is a synchronized experience across devices.
Changes you make on one computer will be immediately available on any other computer or device you login with. This saves time and frustration and assures the trader that everything is always the same. Optimus: We see there is an increased demand for lower costs while there is also an equal demand for more expansive market access. Can you tell us about the costs associated with MarketDelta Cloud and the markets that it covers? Trevor: Traders are just like everyone else, they want more for less. The cloud allows us to build better, more accessible products that rely on modern technologies to deliver what people want. It is also not just about costs, but how people live their lives in today’s world.
The internet and smartphones have driven people to demand access to the tools they use outside the office. It doesn’t make sense in today’s mobile world be restricted to single computer to trade. We believe you should be able to do it on your own schedule, wherever, whenever you want. Optimus: What challenges do you foresee for traders that do not adopt this technology?
In terms of latency, support, and other hidden costs. Trevor: Cloud technologies are being adopted everywhere and MD is just championing the cause in the futures trading industry. People don’t have to change a thing, but they will want to because more and more of the services they want will be delivered via the cloud. In many cases this will save them money, increase performance, and offer greater market access. What’s not to love!
😉 Optimus: A bit of a biased question, we see that you promoting Optimus as an IB. What do like about the Optimus approach to traders and trading software vendors like MarketDelta? Trevor: We have recommended Optimus to a countless number of traders over several years and have never had a single person come back unhappy with that recommendation. While MarketDelta builds software, we also care a great deal about the person using the software.
It is important they we partner with brokers who have the same perspective of helping traders succeed and Optimus has always provided sound insight. Optimus: Can I run MarketDelta Cloud on an Apple (MAC) computer? This has been a big plus for the millions of MAC users out there.
There are many part time traders out there who work on a PC at work and use a MAC at home out of preference. MarketDelta Cloud caters to this setup and allows them to login using their browser on either PC or MAC and everything will be synchronized. Optimus: What are some other benefits to being browser based solution that aren’t entirely obvious to most users? One of the most appreciated benefits is being able to run it at work in a browser tab. It can be open while you do all your other work, then you click over to check in on the market and trade, then go right back to work. Because it runs on normal internet traffic it typically won’t be blocked by your corporate firewalls.
Plus, any changes you do at work are immediately available on your other computers/devices. To experience a Cloud Trading Platform Specialized Exclusively for Futures Traders: START TRADING IN LESS THEN 60 SECONDS!
About Optimus Futures Optimus Futures is a leading online futures broker that caters to traders seeking fast execution and stable data feeds combined with aggressive margins and deep discount commissions. We are an Independent Introducing Broker clearing through some of the largest capitalized Futures Commission Merchants ('FCM') in the world. Call us today at (800) 771-6748 / (561) 367-8686 or visit our main page at to learn more. TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. You are not signed in.
To post comments. This matter should be viewed as a solicitation to trade. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. There are risks associated with utilizing an internet-based execution, but not limited to, the failure of hardware, software and internet connection.
Since Optimus Futures does not control signal power, its reception or routing via internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the internet. Optimus Futures employs phone support in the event of platform failure. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service.
We urge you to conduct your own due diligence.