You can set limits to close positions and tie them to stops OCO. I'm a big fan of manually managing my trades, so when I want to trim my position I do it for however many contracts I want to close then adjust my stops in profit. If I am going for a longer trade then I would put my limits to close and then my stops and link them OCO and let it run. You can do that in the "working orders" window, you select the limit and stop while holding shift and then right clicking and selecting "Link OCO". I'm not sure if that answers your question, but thats a good way to manage it to limit open orders after targets are hit. BTW - OCO means "order cancels order" so if a TP and stop are linked as soon as one hits the other order is cleared out. Doing this you can leave a TP in the next area and then move your stops in profit and they will still cancel each other out when one hits.
thanks for the reply, Ok i will go into demo and try that. I have been struggling with taking partials. is there any vids showing it. Thanks again regards Gordon @@primatefutures
@@gordonjefferson5184 no real video for it but its pretty simple. With futures you are limited by the size you open the trade with. I know people who chose to trade 25 micro contracts instead of 2 or 3 minis because they like to be able to scale out more. They open a trade with 25 then take 5 or 10 off at their target levels. For me, I like to manage a position with about 3 lots (I prefer to trade the minis so that would be 3 contracts to manage individually) If I was doing the micros, I might chose to do maybe 15 contracts in lots of 5 each. Then when I am closing my positions I do it in a bulk order of 5 at a time. This is nice when you select the quantity on the DOM or trade panel to allow easy scaling with the same style of trade management. It can get a little cumbersome when you are doing micos with larger quantities one at a time, so I always keep it in my mind to keep a "per lot" (this is my own terminology) size for the trade. In terms of scaling out it is easy to close 5 of 15 and leave 10 running. Then you close 5 more and leave 5 running. This is only 3 separate TPs and SLs to manage and can be scaled to any account size.
Thanks! Quantower has Time & Sales and Market Replay. Market Replay is only available on the full version though, so you would either need to purchase a license (for prop firm use) or use a broker that offers it with a cash account. AMP Futures for example has a full version you can use with a CQG account but that is the only account you can login on that version.
Hi, thank you for sharing the video, I really appreciate it! The Jigsaw, for example, has also columns that show Buy and Sell market orders (orders that were actually executed). They are like Time and Sales, but they provide an aggregated view of the market orders that have been executed since the session began. It allows you to see the cumulative number of market orders that have been executed throughout the trading session. Do you know how to modify these settings in Quantower so it would show these aggregated orders as well?
The columns for Quantower (as far as I understand) only show total trade quantity or last trade size, nothing separating cumulative market orders. If you like the platform otherwise and would like to see specific things like that integrated, I would recommend reaching out to their support or join their discord. They are very receptive to how they can improve.
When you placed a limit order thru the DOM, there was a pop out on the chart where you could drag SL and TP. On my account I don’t have that, is there a setting for it?
Check your chart settings to make sure that your orders and positions are visible. If they are, make sure that whatever account you are trading through the DOM is the same as the one you are using for your charts. If you have multiple accounts then you will need to make sure they are the same by opening the trade panel on the chart itself and updating.
1. Is it possible to disable the confirmation box when placing orders in the DOM? 2. Any possibilities for setting up hotkeys ? Eg. Instead of having to click on flatten everything, would be nice if you could define the Esc button, way faster
Hello. Any confirmation box that pops up has the option to disable in the future. (Its been a while, but look near the bottom of the notification for a check box I think) If you right click on the chart and go to settings then look at the lower left side of the panel you have the hot keys. Towards the bottom of the list you can bind something for flatten. I don't think escape can be bound for anything but you can chose something else. Look at the other default binds to see how they are set up.
@@primatefuturesthank you for your response. Can you tell me just one more thing. Is it possible to see price movement in the opening auction of lets say european futures?
@@ngu00 That would depends on the broker/data feed you have. If they provide the price data then you will be able to see it through Quantower, assuming you can connect whichever source you have to the platform.
Hi thanks for the video. on your DOM you have the columns "bid traded" and "ask traded" - those are the cumulative volume traded at those price levels, correct? Do you know any reason the numbers would reset randomly as the market price is hitting those tick levels? It happens in my demo
That is a tool used for order flow trading. It shows volume at a price level until it is "traded through" pretty useless on NQ in my opinion because the price moves so fast. You can add volume to the DOM that shows volume at each level but I believe it's only available on their demo and paid versions.
@hux That depends on what you are trading. I only trade futures which are controlled by their respective exchanges. Their isn't a need for composite quotes in that situation.
If you are looking for simple brackets then almost any platform has the ability to set a stop loss and multiple take profits. I think Ninja Trader has more advanced features but it's got a bit of a learning curve to it. Normally the most common is to just set up multiple bracket profiles that are different tick value SL and TPs but Quantower is very easy to adjust using the chart or the DOM.
@@primatefutures So after playing around in demo, you can set multiple OCO and take profits. you can click and drag your stop and tp. right click and modify it to a lower number of contracts. ( lets say 15 total and want to scale out 10) . then go to working orders and ctrl click both ,and select then right clink and a link oco option pops up. then drag a new tP and stop loss and modify them to 5 contracts, then ctrl click those two new orders in the working orders tab. then right click and link them as oco.
hey, do u know how to change the color of the symbol chart? the one it says "chart NQ Time 2m" its green so u prolly changed it, i wanna know how, thx!
@@LoveBladez If you click the hamburger button (three horizontal lines) in the top left corner of the chart, there is a link option where you pick a color. If you select this color for your watchlist and DOM also, when you select something they will all update at the same time.
Quantower has " trailing buy order " or " chase buy order " ? Example : current price is 1000 . And the price goes up , I click trailing buy order and the order is executed using "limit order" if the price move back 0.5 tick.
I have never liked using tick based trailing orders, I trade NQ almost exclusively and the price fluctuates so much that it would require (in my opinion) a very large trail to avoid being “wicked” into or out of a position.
@@LDizon The crypto order entry is not the same as it is with futures. There is a separate crypto order entry panel you use to trade through, not the same as in the DOM because of the way you place orders specific to crypto.
Yeah this is really annoying with Binance Futures, if you enter on the DOM with a market order you can then manipulate the SL / TP don't see why limit is any different..
Im not sure of a way to chart the bid/ask spread. Ive seen other platforms you can use that as a profile on the right side of your chart, which would show you market depth. For the entry price, right click the chart for settings, go to Visual Trading, then select Show Positions.
how do i connect future broker in this platform?? i would like to have a separate market data feed so i can connect to my future broker. any suggestions ?? thanks
If you are looking to have 2 different connections you will need to at least have a paid version that allows multiple connections at the same time. What data feed and broker are you using?
@@TheShadow_850 I’m a fan of AmpFutures for a broker. You can use Rithmic or CGQ, with CQG you get a full version of quantower for free but are limited to only logging in with your single CQG connection. I don’t personally use any other data services because I only trade NQ haha
Fair enough! So if I get cqg and other broker do I really need a separate market data feed I like to see different markets available on futures but I’m also don’t understand if I just need a broker who covers all those markets without having extra data feed 🤔🤔🤔
@@TheShadow_850 depends on exactly what markets you want data for. With CQG (or any other) you select the futures exchanges with a monthly data package you pay for. That’s where you can select top of book or level 2 for individual exchanges or a bundle package for all of them. There’s quite a few so it depends on what exactly you want exposure to. I personally have full depth (level 2) for the CME indexes and the top of book bundle which is like $14/month.
I also want to know if Quantower has " scale order" ( increase scale order , decrease scale order , or equal scale order ). Example : 1000 contracts place those contracts automatic on scale it to help get a better entry
They do have scheduled trading, where you can tell it how much and how often to increase the position size. I don’t trade the quantity of contracts required to take advantage of that.
@@Fabiobaiocchi to be honest, I havent spent the time to do a direct comparison. Quantower has never given me any issues in terms of connection speed but the software isn’t exactly “lightweight” when compared to others. There’s always a bit of compromise when it comes to user interface and platform speed when loading historical data. As for order routing, QT has only given me issues when CQG or Rithmic are the problem. The round trip time is always in fractions of a second and hasn’t given me any issues.
@@AlejandroRasmussen7 Ok, no. Quantower as a company is still relatively simple in terms of DOM specific data. They are working on it and always updating. I would suggest joining their Discord to express your interest in that, I know there are quite a few people giving feedback to build out their DOM to rival jigsaws (they aren’t quite there yet, but are very receptive to feedback).
Hello! Yes, on the DOM in the "Bids" and "Asks" column is will show the depth depending on what data connection you have. Im not sure why it wasnt showing up in this video but typically you would have at the minimum the top of book.
@@primatefutures great if I sign up using bybit to get access to premium for free will I be only able to access bybit coin data, or would I also be able to see data from coins from any exchange
@@jungletemple913 When you get the premium for free, it is tied to that single login and will not let you log into anything else along with it. So unfortunately you would be limited to only accessing bybit data. If Bybit offers other exchange data then you would have that as well but you would not be able to log into another account to get different exchanges. For that you would need to pay for either the Crypto (crypto only connections) or Multi-Asset package to allow simultaneous connections.
It's called Quantower. They offer a free version and a few paid options. If you use AMP futures as a broker they also have the same platform for free with all the paid features if you use CQG.
Solid Stuff. Keep Posting Never Give Up!
what do you find the best method to close out / take off contracts when taking partial positions and leave contracts to next target area
You can set limits to close positions and tie them to stops OCO. I'm a big fan of manually managing my trades, so when I want to trim my position I do it for however many contracts I want to close then adjust my stops in profit.
If I am going for a longer trade then I would put my limits to close and then my stops and link them OCO and let it run. You can do that in the "working orders" window, you select the limit and stop while holding shift and then right clicking and selecting "Link OCO".
I'm not sure if that answers your question, but thats a good way to manage it to limit open orders after targets are hit.
BTW - OCO means "order cancels order" so if a TP and stop are linked as soon as one hits the other order is cleared out. Doing this you can leave a TP in the next area and then move your stops in profit and they will still cancel each other out when one hits.
thanks for the reply, Ok i will go into demo and try that. I have been struggling with taking partials. is there any vids showing it. Thanks again regards Gordon
@@primatefutures
@@gordonjefferson5184 no real video for it but its pretty simple. With futures you are limited by the size you open the trade with. I know people who chose to trade 25 micro contracts instead of 2 or 3 minis because they like to be able to scale out more. They open a trade with 25 then take 5 or 10 off at their target levels.
For me, I like to manage a position with about 3 lots (I prefer to trade the minis so that would be 3 contracts to manage individually) If I was doing the micros, I might chose to do maybe 15 contracts in lots of 5 each. Then when I am closing my positions I do it in a bulk order of 5 at a time. This is nice when you select the quantity on the DOM or trade panel to allow easy scaling with the same style of trade management.
It can get a little cumbersome when you are doing micos with larger quantities one at a time, so I always keep it in my mind to keep a "per lot" (this is my own terminology) size for the trade. In terms of scaling out it is easy to close 5 of 15 and leave 10 running. Then you close 5 more and leave 5 running. This is only 3 separate TPs and SLs to manage and can be scaled to any account size.
Awesome! Thank you sir. Do quantower have Time&Sales as well and do they have market replay just like tradovate?
Thanks! Quantower has Time & Sales and Market Replay. Market Replay is only available on the full version though, so you would either need to purchase a license (for prop firm use) or use a broker that offers it with a cash account. AMP Futures for example has a full version you can use with a CQG account but that is the only account you can login on that version.
Hi, thank you for sharing the video, I really appreciate it!
The Jigsaw, for example, has also columns that show Buy and Sell market orders (orders that were actually executed). They are like Time and Sales, but they provide an aggregated view of the market orders that have been executed since the session began. It allows you to see the cumulative number of market orders that have been executed throughout the trading session. Do you know how to modify these settings in Quantower so it would show these aggregated orders as well?
The columns for Quantower (as far as I understand) only show total trade quantity or last trade size, nothing separating cumulative market orders. If you like the platform otherwise and would like to see specific things like that integrated, I would recommend reaching out to their support or join their discord. They are very receptive to how they can improve.
Thanks for the video. Looks more user friendly than some other platforms. Would like to try it out myself to see how I like it.
I love the interface on Quantower. I think it comes down to what you need out of your platform more than anything else.
When you placed a limit order thru the DOM, there was a pop out on the chart where you could drag SL and TP. On my account I don’t have that, is there a setting for it?
Check your chart settings to make sure that your orders and positions are visible. If they are, make sure that whatever account you are trading through the DOM is the same as the one you are using for your charts. If you have multiple accounts then you will need to make sure they are the same by opening the trade panel on the chart itself and updating.
U can autometed strategy using volumes, footprint etc?
I believe so. Its not something I have ever dealt with but they offer open C# API for developing your own indicators and strategies.
1. Is it possible to disable the confirmation box when placing orders in the DOM?
2. Any possibilities for setting up hotkeys ? Eg. Instead of having to click on flatten everything, would be nice if you could define the Esc button, way faster
Hello.
Any confirmation box that pops up has the option to disable in the future. (Its been a while, but look near the bottom of the notification for a check box I think)
If you right click on the chart and go to settings then look at the lower left side of the panel you have the hot keys. Towards the bottom of the list you can bind something for flatten. I don't think escape can be bound for anything but you can chose something else. Look at the other default binds to see how they are set up.
@@primatefuturesthank you for your response.
Can you tell me just one more thing. Is it possible to see price movement in the opening auction of lets say european futures?
@@ngu00 That would depends on the broker/data feed you have. If they provide the price data then you will be able to see it through Quantower, assuming you can connect whichever source you have to the platform.
@@primatefuturesty
Hi thanks for the video. on your DOM you have the columns "bid traded" and "ask traded" - those are the cumulative volume traded at those price levels, correct? Do you know any reason the numbers would reset randomly as the market price is hitting those tick levels? It happens in my demo
That is a tool used for order flow trading. It shows volume at a price level until it is "traded through" pretty useless on NQ in my opinion because the price moves so fast. You can add volume to the DOM that shows volume at each level but I believe it's only available on their demo and paid versions.
@@primatefutures Thanks for that insight. Kind of off-topic but aren't trades supposed to be filled at the NBBO or are those for equities only?
@hux That depends on what you are trading. I only trade futures which are controlled by their respective exchanges. Their isn't a need for composite quotes in that situation.
which platform has, the best bracket order setup. like multiple take profits and automatically or easily able to adjust sz of the stop order?
If you are looking for simple brackets then almost any platform has the ability to set a stop loss and multiple take profits. I think Ninja Trader has more advanced features but it's got a bit of a learning curve to it. Normally the most common is to just set up multiple bracket profiles that are different tick value SL and TPs but Quantower is very easy to adjust using the chart or the DOM.
@@primatefutures So after playing around in demo, you can set multiple OCO and take profits. you can click and drag your stop and tp. right click and modify it to a lower number of contracts. ( lets say 15 total and want to scale out 10) . then go to working orders and ctrl click both ,and select then right clink and a link oco option pops up. then drag a new tP and stop loss and modify them to 5 contracts, then ctrl click those two new orders in the working orders tab. then right click and link them as oco.
@@DWARSCOthank you. So much value in 1 comment
hey, do u know how to change the color of the symbol chart? the one it says "chart NQ Time 2m" its green so u prolly changed it, i wanna know how, thx!
That color, above the chart, is based on what color you selected for the "link". I have all of my stuff linked to green.
@@primatefutures and how u do it? can u explain me how if is not too much asking
@@primatefutures wait no i found it, tysm!
@@LoveBladez If you click the hamburger button (three horizontal lines) in the top left corner of the chart, there is a link option where you pick a color. If you select this color for your watchlist and DOM also, when you select something they will all update at the same time.
@@primatefutures tyvm!
Quantower has " trailing buy order " or " chase buy order " ? Example : current price is 1000 .
And the price goes up , I click trailing buy order and the order is executed using "limit order" if the price move back 0.5 tick.
I have never liked using tick based trailing orders, I trade NQ almost exclusively and the price fluctuates so much that it would require (in my opinion) a very large trail to avoid being “wicked” into or out of a position.
my quantower doesn't have the SL and TP beside my order in the DOM or the chart, how do you get those to appear when you hover over?
What data connection are you using? Are you logged in to a futures connection or a crypto connection?
@@primatefutures I'm connected to binance futures
@@LDizon The crypto order entry is not the same as it is with futures. There is a separate crypto order entry panel you use to trade through, not the same as in the DOM because of the way you place orders specific to crypto.
@@primatefutures i see thank you. great videos for quantower, have not seen many around
Yeah this is really annoying with Binance Futures, if you enter on the DOM with a market order you can then manipulate the SL / TP don't see why limit is any different..
how can I put the bid and ask line in the chart, also my entry price line
Im not sure of a way to chart the bid/ask spread. Ive seen other platforms you can use that as a profile on the right side of your chart, which would show you market depth. For the entry price, right click the chart for settings, go to Visual Trading, then select Show Positions.
how do i connect future broker in this platform?? i would like to have a separate market data feed so i can connect to my future broker. any suggestions ?? thanks
If you are looking to have 2 different connections you will need to at least have a paid version that allows multiple connections at the same time. What data feed and broker are you using?
Thanks for the reply man ! I was looking for dxfeed but I haven’t decide any future broker yet maybe NinjaTrader still doing my research
@@TheShadow_850 I’m a fan of AmpFutures for a broker. You can use Rithmic or CGQ, with CQG you get a full version of quantower for free but are limited to only logging in with your single CQG connection. I don’t personally use any other data services because I only trade NQ haha
Fair enough! So if I get cqg and other broker do I really need a separate market data feed I like to see different markets available on futures but I’m also don’t understand if I just need a broker who covers all those markets without having extra data feed 🤔🤔🤔
@@TheShadow_850 depends on exactly what markets you want data for. With CQG (or any other) you select the futures exchanges with a monthly data package you pay for. That’s where you can select top of book or level 2 for individual exchanges or a bundle package for all of them. There’s quite a few so it depends on what exactly you want exposure to. I personally have full depth (level 2) for the CME indexes and the top of book bundle which is like $14/month.
I also want to know if Quantower has " scale order" ( increase scale order , decrease scale order , or equal scale order ). Example : 1000 contracts place those contracts automatic on scale it to help get a better entry
They do have scheduled trading, where you can tell it how much and how often to increase the position size. I don’t trade the quantity of contracts required to take advantage of that.
@@primatefutures what you suggest for the fastest servers beetween EXO Charts, Quantower ,Atas, TT?
@@Fabiobaiocchi to be honest, I havent spent the time to do a direct comparison. Quantower has never given me any issues in terms of connection speed but the software isn’t exactly “lightweight” when compared to others. There’s always a bit of compromise when it comes to user interface and platform speed when loading historical data. As for order routing, QT has only given me issues when CQG or Rithmic are the problem. The round trip time is always in fractions of a second and hasn’t given me any issues.
I love the plateform
does it shows market orders??
What do you mean? Where are you looking for market orders to show up?
@@primatefutures in the dom, like jigsaw, usually doms only show limit orders but there are other platforms that also show market orders
@@AlejandroRasmussen7 Ok, no. Quantower as a company is still relatively simple in terms of DOM specific data. They are working on it and always updating. I would suggest joining their Discord to express your interest in that, I know there are quite a few people giving feedback to build out their DOM to rival jigsaws (they aren’t quite there yet, but are very receptive to feedback).
Does it show limit orders
Hello! Yes, on the DOM in the "Bids" and "Asks" column is will show the depth depending on what data connection you have. Im not sure why it wasnt showing up in this video but typically you would have at the minimum the top of book.
@@primatefutures great if I sign up using bybit to get access to premium for free will I be only able to access bybit coin data, or would I also be able to see data from coins from any exchange
@@jungletemple913 When you get the premium for free, it is tied to that single login and will not let you log into anything else along with it. So unfortunately you would be limited to only accessing bybit data. If Bybit offers other exchange data then you would have that as well but you would not be able to log into another account to get different exchanges. For that you would need to pay for either the Crypto (crypto only connections) or Multi-Asset package to allow simultaneous connections.
Hi this is nice but where are you from
What is the name of this platform?
It's called Quantower. They offer a free version and a few paid options. If you use AMP futures as a broker they also have the same platform for free with all the paid features if you use CQG.
@@primatefutures I understood. How do I configure this platform to see the positioning of big players manipulating the binary options market?
nice
good!
Thank you.