Blogs

Auto Fibonacci Retracements, Part 1

Helmut Mueller
Aug 27, 2013

Derived from contributions medieval mathematician Leonardo Fibonacci made to number theory, retracements measure the price areas where a market move is likely to pause or reverse a trend. Many traders rely on Fibonacci numbers to compute these... more

Smart Pyramiding

Helmut Mueller
Aug 13, 2013

If we look more closely into trend-following trading systems, sometimes the percentage of winning trades is only slightly above 50%, but the trading system still creates some nice and profitable trades. With smart pyramiding, we can try to make... more

ATR-Based Quantity and Risk

Helmut Mueller
Aug 05, 2013

The Average True Range (ATR) study takes the moving average of the true range over the specified period.

Definitions:

True Range = True High - True Low True High = The greater of the current bar's high or the previous bar's close True... more

Correlation and Relative Performance

Helmut Mueller
Jul 29, 2013

The Correlation function in the CQG toolbox correlates the price movement of two symbols over a defined number of bars. For example, CORREL(CL,QO,10) will return the correlation between West Texas Crude on the NYMEX and North Sea Brent on the ICE... more

Using the Super Template

Helmut Mueller
Jul 23, 2013

Some of the work traders do in building trading systems can be very creative and exciting, but unfortunately some of the work is not. In most cases, traders have a specific idea in mind that they want to test. They create an entry and the... more

Using Daily and Intraday Values of an Open Session

Helmut Mueller
Jul 16, 2013

Here are some thoughts about extracting "daily" values inside an intraday market.

A common request is to calculate and plot a "daily close" value of a study based on an intraday time frame, such as five-minute bar data. With CQG this is... more

Only One Trade per Day

Helmut Mueller
Jul 11, 2013

When it comes to coding your trading systems, allowing only one trade per day is by far the most frequent request.

In the example above, the session starts at 8:00 local time (see cursor) and the trading system produces three long... more

How Frequency Distribution Analysis Can Improve Your Decisions

Thom Hartle
Mar 05, 2013

Frequency distribution is simply how often a value appears within a group of values. For example, a group of values is a range from 1 to 5. The collection of numbers is 1, 3, 1, 2, 3, 4, 1, and 4. In this series, we see that the integer 1 occurs... more

Interview with Tom Alexander

Feb 14, 2013

This interview is part of a series of interviews with traders who use CQG Integrated Client. The goal of these interviews is to illustrate why traders who begin using CQG tend to continue using CQG. This interview is with Tom Alexander, who has... more

Two Volatility Indicators Are Better Than One

Richard Weissman
Aug 06, 2012

Although most mathematical technical indicators focus on capitalizing on either trending behavior by using tools like moving averages (see Trend Following Kept Simple: The 200-Day Simple Moving Average) or on counter-trending action through... more