CQG vs AMP vs MT5

Discussion in 'Trading Software' started by hilmy83, Oct 13, 2022.

  1. AMP_Futures

    AMP_Futures ET Sponsor

    Hello all.
    We are now here to help!

    Quickly look at the chart time frame you select, 400 tick. This is not a standardized chart time frame, such as a 1 min or 10 min, or 1 hour, for example. The difference is Tick charts start creating the Tick count as soon as you log in, so it is 400 ticks on your chart, which will be different from 400 ticks on anyone else chart, plus 400 Ticks on the market open range...wow, that is going to be a really quick 400 tick bar fill due to so much trading action on the market open.

    The other technical difference between MT5 and other platforms is quantower or tradingview; MT5 is self-sufficient in creating the charts in MT5. MT5 receives the data from CQG in real-time and shows and stores the data; then, when you pull up the historical chart, it is the actual real-time data that was received from CQG, populating the historical chart natively within MT5 historical data storage VS quantower or tradingview (not storing data), they pull historical data from the CQG API to populate their historical charts. CQG does clean its historical data, so when quantower or tradingview pulls historical data from CQG API, the charts could have slight variations compared to MT5.

    When you are trading Exchange-traded futures, such as CME NQ...all orders are routed and executed on the exchange. If you ever have any questions about any orders or fills, we can pull the exchange trade logs and provide you with full details.

    If you are a non-US person, you can download our Special free MT5 demo here (where you can trade the REAL CME exchange-traded Futures, FX, CFDs, and Crypto-CFDs with our All-In-One MT5 Account): https://downloads.ampglobal.com/metatrader-5-mt5

    For our US clients or prospective clients, here is the download to trade the REAL CME exchange-traded Futures: https://downloads.ampfutures.com/meta-trader-5-mt5

    We will continue to answer any questions on this thread.

    Happy Trading!
     
    #21     Oct 24, 2022