Complex order type with CQG IC/QTrader - CQG | futures io social day trading
futures io futures trading


Complex order type with CQG IC/QTrader
Updated: Views / Replies:767 / 7
Created: by Okina Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Complex order type with CQG IC/QTrader

  #1 (permalink)
 R.I.P. 1969-2016 
montreal quebec/canada
 
Futures Experience: Beginner
Platform: CQG/NT7
Broker/Data: IB/AMP/CQG
Favorite Futures: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,422 received

Complex order type with CQG IC/QTrader

I would like to know if it is possible with CQG IC or QTrader to create a complex order like in NT for example.

For example if you sell 4 contracts 2 of them will have a target at X points and the other 2 will have not target but a trailing stop.

I know that you can do that manually by entering 2 different orders but is it possible to do that in 1 click ?

Thanks.
Okina Tora.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Reply With Quote
 
  #2 (permalink)
Market Wizard
London UK
 
Futures Experience: Beginner
Platform: CQG
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 3,057 since Sep 2015
Thanks: 6,579 given, 4,834 received
Forum Reputation: Legendary


Okina View Post
I would like to know if it is possible with CQG IC or QTrader to create a complex order like in NT for example.

For example if you sell 4 contracts 2 of them will have a target at X points and the other 2 will have not target but a trailing stop.

I know that you can do that manually by entering 2 different orders but is it possible to do that in 1 click ?

Thanks.
Okina Tora.

So for example: you sell 4 contracts and then want to buy back 2 of them at, say, 30 ticks profit and for the other 2 have a, say, 10 ticks trailing stop?

Reply With Quote
 
  #3 (permalink)
 R.I.P. 1969-2016 
montreal quebec/canada
 
Futures Experience: Beginner
Platform: CQG/NT7
Broker/Data: IB/AMP/CQG
Favorite Futures: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,422 received



xplorer View Post
So for example: you sell 4 contracts and then want to buy back 2 of them at, say, 30 ticks profit and for the other 2 have a, say, 10 ticks trailing stop?

Yes exactly that is the idea.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Reply With Quote
 
  #4 (permalink)
Market Wizard
London UK
 
Futures Experience: Beginner
Platform: CQG
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 3,057 since Sep 2015
Thanks: 6,579 given, 4,834 received
Forum Reputation: Legendary

Answer
This post has been selected as an answer to the original posters question Answer


Okina View Post
Yes exactly that is the idea.

Simplistically speaking, I don't think you can, at least with QTrader (I may be wrong).

There is an automated way to set an automated target and stop, for example set a number of ticks from the entry price, and the stop can be fixed or trailing. You can do that with the bracket orders but you're probably familiar with those already.

The problem with those is that whatever you set applies to all contracts, not just a portion.

Reply With Quote
The following user says Thank You to xplorer for this post:
 
  #5 (permalink)
 R.I.P. 1969-2016 
montreal quebec/canada
 
Futures Experience: Beginner
Platform: CQG/NT7
Broker/Data: IB/AMP/CQG
Favorite Futures: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,422 received

I think it is the case unfortunately. This is a serious limitation for CQG. I have tried to open several DOM but you can't set different bracket rules. The same one apply everywhere.

If someone else have an idea I take it ?

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Reply With Quote
 
  #6 (permalink)
Elite Member
NYC, NY
 
Futures Experience: Intermediate
Platform: Sierra Qtrader
Broker/Data: Amp and Optimus and CQG
Favorite Futures: Mainly NG and GC, 6A, 6E
 
Posts: 414 since May 2013
Thanks: 331 given, 150 received

why not place 2 orders with diff criteria?

You sold 4

First order: 2 contracts fixed target
Second order: 2 contracts no target just trailing

and can u make the second order open upon execcution of first? not familiar wiith CQG but just a thought

Reply With Quote
 
  #7 (permalink)
Market Wizard
London UK
 
Futures Experience: Beginner
Platform: CQG
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 3,057 since Sep 2015
Thanks: 6,579 given, 4,834 received
Forum Reputation: Legendary


jokertrader View Post
You sold 4

First order: 2 contracts fixed target
Second order: 2 contracts no target just trailing

and can u make the second order open upon execcution of first? not familiar wiith CQG but just a thought


Okina View Post
I know that you can do that manually by entering 2 different orders but is it possible to do that in 1 click ?


Reply With Quote
 
  #8 (permalink)
 R.I.P. 1969-2016 
montreal quebec/canada
 
Futures Experience: Beginner
Platform: CQG/NT7
Broker/Data: IB/AMP/CQG
Favorite Futures: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,422 received

I'm still waiting to receive an answer from CQG. I think I could do what I want to do but with 2 separate accounts each one having is own setting. It will involve 2 clicks (in 2 different DOM) instead of one but it is doable. Opening the DOm setting in order to change the parameters after each trade is not an option since it will take at least 30s. It is way to long.

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Reply With Quote

Reply



futures io > > > > Complex order type with CQG IC/QTrader

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stupid Problem with custom studies (CQG IC) Okina CQG 3 December 5th, 2015 10:39 PM
Correct order type a resting order breakout trade skiguy Beginners and Introductions 4 May 11th, 2015 11:41 AM
Anyone based in Europe using CQG IC through a US broker? Londres CQG 26 September 15th, 2014 01:00 PM
Broker offering CQG IC Market Sniper 88 Reviews of Brokers and Data Feeds 2 October 30th, 2012 12:14 AM
Order entering at lower volume (ETH-RTH times) - Position Sizing / Order Type Koepisch Traders Hideout 4 August 22nd, 2012 05:12 PM


All times are GMT -4. The time now is 12:32 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.12 seconds with 35 queries on phoenix via your IP 54.226.113.250