Latest version of CQG Desktop offers new drawing tools and studies

Maria Nikolova

Trend lines and channels, as well as Ichimoku and Directional Movement (DMI) studies have been added.

Provider of high-performance trading, market data, and technical analysis tools CQG has rolled out a new version of CQG Desktop, with improvements ranging from new drawing tools to enhancements to HOT.

CQG Desktop Version 4.0 introduces new drawing tools to charts, these being trend lines and channels. Ichimoku and Directional Movement (DMI) studies are now also available to users of the platform.

In terms of trading, let’s note the improvements to HOT. Two new buttons have been added to the HOT button bar.

Clicking the left button will compress the scale. The first click will eliminate prices between the best bid and ask. A second click will eliminate prices between resting orders in the DOM book. Clicking the right button will expand the scale.

Display of balances has been added to header bar, and usability in finding columns and objects has been improved.

The preceding version of CQG Desktop was released about a month ago, introducing horizontal and vertical line pointer tools (cursors) to charts. That version also saw the addition of a trading toolbar to the Spreadsheet Trader. This feature can be accessed in the task menu.

Selecting a symbol in the Spreadsheet Trader will push the symbol to to the toolbar. Price, size, and order parameters can then be easily edited in the toolbar. And an order can be initiated from the toolbar. Clicking on a price in the spreadsheet will push the symbol and the price into the toolbar.

Traders can also easily change symbols in single-symbol widgets by simply typing when the widget they want to change is in focus. This means that traders will no longer have to click in the symbol entry field to enter a symbol or to use autosuggest.

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