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CQG QTrader - ROBUST FUTURES TRADING PLATFORM INCLUDES CHARTS, ANALYTICS, AND MULTIPLE TRADE EXECUTION INTERFACES IN ONE SOLUTION

FREE DEMO TRIAL! FILL OUT THE FORM BELOW FOR A 14 DAY TRIAL WITH LIVE STREAMING QUOTES!

Why CQG? Why CQG Q-Trader?

For more than thirty years, CQG has developed new technologies, offering real-time and historical data integrated with technical analysis tools. Our innovations have become industry standards. CQG lead the industry in providing reliable market data, superior decision making tools, and order execution software with customer support that understands the trader.

Now CQG QTrader customers can add the mobile platform, CQG M, for on-the-go access to quotes, analytics, and trading at no additional charge.

CQG Q-Trader Features

  • Industry-leading market data
  • State-of-the-art charting and analytics
  • Many chart styles, including the CQG-exclusive TFlow®
  • Easy to use order routing tools
  • Spreadsheet Trader, which offers the ability to track and trade a wide collection of markets
  • ll popular order types, including market, limit, stop, stop limit, iceberg, trailing, DOM-triggered, and algorithmic orders
  • Orders that will automatically follow the study values on a chart
  • Ability to pull real-time market and study values into Excel® using RTD

The recently released Q Trader cleverly bridges the gap between the trader and Integrated platform by offering charts and increased functionality without making the price too prohibitive to the average trader.

The professional trader's go-to platform, CQG QTrader includes analytics, charts, and multiple trade execution interfaces in one comprehensive solution. CQG QTrader offers many of the same features available in our flagship product, CQG Integrated Client.

  • CQG Q Trader

    Features Included

    Pricing $40 + $0.25 per filled contract, $595 cap

    CQG M (Mobile) Included

  • Daily, Weekly, and Monthly Charting – 3 years
  • Extended Historical Data for Commodities (Daily continuation & expired daily contracts) – 3 years
  • Intraday Charting Database (3 Months)
  • RealTimeData (RTD) Microsoft Excel®
  • Quotes ‌‍‍‍‍– All types available
  • Time and Sales
  • Order Ticker
  • Multiple Chart Types ‌‍‍‍‍– All Types Included
  • TFlow®
  • Time-Based TFlow
  • Technical Indicators and Tools ‌‍‍‍‍ - No Delta Contours
  • Formula Toolbox ‌‍‍‍‍
  • Alerts ‌‍‍‍‍– All types included
  • Portfolio Monitor and Instrument Monitor
  • Signal Evaluator
  • Basic Commodity Options Analysis ‌‍‍‍‍– 2 modules
  • Algo Order Study
  • Window Linking

Footprint Charts and Studies

CQG has integrated Footprint® Charts and Studies into CQG Integrated Client and CQG QTrader, allowing customers to view the popular Footprint chart. The primary focus of this chart type is to organize and display the volume traded at each price and provide an indication of its impact on price. Five variations of the Footprint chart are available:

  • Bid x Ask
  • Volume
  • Profile
  • Imbalance

Strengths of these include:

  • Granularity of data, including additional volume statistics, that let you see within the bar and enhance timing of entries and exits
  • Exposure of real-time order data, visible metrics
  • Number of footprint styles to choose from, ensuring a style for every type of trader
  • Customization of the display
  • Flexibility of studies with non-time-based charts

(DB) Delta Bar Charting

The Delta Bar chart is a non-timed bar chart with the Delta Bars study applied automatically.

Delta is the difference between buys and sells. A Delta Bar is constructed based on the Delta Level. For example, if Delta Level is set to 100, a new bar is started when delta reaches +/- 100.

Bars are colored based on the direction of trading. Using default colors, the candle is green when up and red when down.

Delta Level, colors, and line display (candle) can be changed using parameters. Volume type can also be changed.

The setup of this chart is ideal if you typically employ bar charts in your market monitoring and analysis.

(FP) Footprint Charts

The Footprint chart type is based on a bar chart and displays cells of order flow data for each bar.  You can also apply the study to other chart types.

The footprint adds – in the format of a volume profile – order flow context to the market in an effort to improve timeliness.

Choose from five footprint styles. These styles are detailed in parameters.


  • Delta
    • Answers the question: is there more selling or buying? This style is helpful for traders who look for areas of exhaustive buying or selling. It also helps expose behavior that you didn’t expect.
  • Bid x Ask
    • This style separates bid and ask data. It’s like a visual time and sales in bar format in a specific time frame.
    • This style shows how trading activity played out over time. Is the price being contested more by buyers or sellers? The net difference between bid and ask volume is the delta. Coloring indicates whether more volume traded at the buy or at the sell, positive or negative delta.
  • Volume
    • Volume is the most fundamental of the styles. It shows where volume is light or heavy and where it’s clustering. Volume calculation is based on the session or day’s activity.
    • A feature of this style is the automatic aggregation of volume when you change the price scale, especially helpful with symbols like CLE because of the long bars.
  • Profile
    • This style is a mini volume profile. Text is automatically hidden.
  • Imbalance
    • This style is the most popular. Imbalance is a way to signal that actual trading volume in the market is starting to flip. is starting to be challenged with real trading volume.
    • Imbalance can be applied differently for each market on each chart.
    • The minimum difference parameter, which forces a volume difference in order to highlight the imbalance,  is helpful for markets like crude oil where a lot of prices trade and volume is light.

This image shows the Footprint chart with Style = Bid x Ask.

(DBars) Delta Bars Study

This study is used with the Footprint chart and Footprint Indicator and is the basis for the Delta Bar chart.

Delta is the difference between buys and sells. A Delta Bar is constructed based on the Delta Level. For example, if Delta Level is set to 100, a new bar is started when delta reaches +/- 100.

Delta Bars, displayed as candles, are colored based on bids and asks. Using default colors, the candle is green when there are more asks and red when there are more bids.

Alternatively, you can turn on the Accumulate parameter to plot the OHLC of delta, where the bar starts not at zero but where the previous bar closed. This essentially creates a candlestick chart of delta. See Outputs for definitions of these values.

This image shows the Footprint chart with the Delta Bars study at the bottom of the chart. Change the colors for this study in parameters.

Outputs

Displayed in the cursor value box when Accumulate parameter is off:

  • DBarsOpen = first calculated delta volume on bar
  • DBarsHigh = maximum delta volume on bar
  • DBarsLow = minimum delta volume on bar
  • DBarsClose = sum of all delta volumes on bar

Displayed in the cursor value box when Accumulate parameter is on:

DDBars are composed of Delta Day Volume (Volume Study, Highlight Delta Day) outputs and DBars outputs.

  • DDBarsOpen = first delta of each bar added to the accumulated value of the last delta of previous bars (DBarsOpen + Previous Bar Delta Day Volume)
  • DDBarsHigh = highest delta value that occurred within a bar added to the accumulated value of the last delta of previous bars (DBarsHigh + Previous Bar Delta Day Volume)
  • DDBarsLow = lowest delta value that occurred within a bar added to the accumulated value of the last delta of previous bars (DBarsLow + Previous Bar Delta Day Volume)
  • DDBarsClose = last delta value that occurred within a bar added to the accumulated value of the last delta of previous bars (Previous Bar Delta Day Volume)

(FPBS) Footprint Bar Statistic

This study is used with Footprint charts and the Footprint Indicator and is helpful if you want to expose the information behind the bar.

  • Volume = Total (bid traded plus ask traded ) volume for the bar.
  • Delta = Difference between ask traded volume and bid traded volume. Indicates whether buying (positive value) or selling (negative value) is more aggressive.
  • Delta Day = Net order flow for the day, a running total of delta used to look for inverse relationships in the market.
  • Buy Volume = Bid traded volume.
  • Sell Volume = Ask traded volume.
  • Max Delta = Highest delta achieved for the bar.
  • Min Delta = Lowest delta achieved for the bar.
  • Delta Change = Change in delta from the previous bar.

The FPBS study is added as a table to the bottom of the Footprint chart window.

(Footprint) Footprint Indicator

This study adds order flow context to the market in an effort to improve timeliness.

When you add this study to a bar chart, cells with order flow data are placed to the right of the bar. To see only these order flow cells, use the Footprint chart, a bar chart with this study applied automatically and the bars hidden.

Use this indicator with these chart types: Bar (1-min to daily), Candlestick (1-min to daily), Line (1-min to daily), No Gap (1-min to daily), CVB, Delta Bar, Sub-Minute Bar, Range, Renko, Point and Figure, Heikin-Ashi, Time-Based TFlow, and Mark Fisher.

Combining the footprint with point and figure, for example, adds sophistication to that chart type, allowing traders to dig deeper in the data. Range bar charts and candlestick charts are also good choices.

Chart Types

CQG offers twenty chart types

To quickly select and move between chart types, add chart type buttons to the chart toolbar using tool manager.

  • Bar (Bar)
  • CandleStick(Cndl)
  • Constant Volume Bar (CVB)
  • Delta Bar (DB)
  • Equalize Sessions (ES)
  • Fill Gap (FG)
  • Footprint (FP)
  • Heikin-Ashi (HA)
  • Line (Line)
  • Mark Fisher Chart (MBFC)
  • Market Profile (MP)
  • No Gap (NG)
  • Percent Bar (PCB)
  • Point and Figure (PF)
  • Range Bar (RB)
  • Renko (Renko)
  • Spread Bar (SprdBar)
  • Sub-Minute Bar
  • TFLow (TFlow)
  • Time-Based TFlow (TTFlow)
  • Tick (Tick)
  • Tick Chart Smoothing (TCS)
  • Yield (Yield)

Hybrid Order Ticket (HOT)

Hybrid Order Ticket is our newest order-entry method that incorporates components of other order-entry screens, including DOMTrader and Order Ticket. You can keep the display clean or add more functions to maximize your trading style.​

Its flexibility – components, layout, sizing – allows you to customize a trading application specific to your trading style.

Split Quote Board

Split Quote Board is a new view for quotes that offers a user-friendly snapshot of the quotes you want to monitor. Quotes have never been bolder. Not only can you easily set up and monitor quotes, you can also trade directly from Split Quote Board.​

Functionality Expanded

With Gateway 5.0, our next generation, low-latency order routing system, we've added microsecond routing to our ever-expanding list of counterparties.

User-Defined Strategies Expanded

UDS and options analytics continue to get more robust with CQG. We're constantly working to include more of what you need to support your trading. We've enhanced UDS to include both time and sales and real-time data for UDS expressions.

System Specifications

CQG QTrader

Recommended Minimum
Processor Intel Core i5 or i7
Operating System Windows® 7 
Memory 2GB RAM
Hard Drive 7200RPM 500GB SATA 6.0 Gbit/s HDD with 4GB free hard drive space
Video Card 128MB of memory (128 MB per video card if multi-monitor)
System Setting Hibernate and stand by modes cannot be used on a system running CQG Trader.
Recommended Minimum
Specifications Hard drive power-saving features should also be disabled.
Internet Access CQG Trader requires Internet service via a high-speed connection, such as DSL, cable, or fixed wireless/wireless local loop (WLL).
Wireless Internet connections are not recommended, especially broadband over a WiFi card. Dial-up is not supported.
All network communications between CQG customers and servers are initiated from the client side. The destination port number at the server side is 2823, CQG's registered port number. CQG also uses a secure connection, port number 443, for authorization purposes.
Monitor Setups These specifications are appropriate for single- and dual-monitor setups.
If you have three or four monitors, you will need a higher performance processor, video card, and network connection.