Charting and Analytics of Precious Metals

Anthony Cohen
Application Specialist, CQG© 2021 CQG, Inc. All rights reserved.

GOLDSILVER© 2021 CQG, Inc. All rights reserved.

“The trend is your friend…..”© 2021 CQG, Inc. All rights reserved.

Different types of trends:-Linear: a linear trend is observed when the line that appears to best fit the set ofdata studied is a straight line (as opposed to a curved lined). Whether it is upward,
downward or straight makes no difference. In technical analysis, a certain degreeof approximation is allowed.
-Exponential: an exponential trend line fits numbers raised to an exponent,meaning a set of values that raise in a very rapid manner.

© 2021 CQG, Inc. All rights reserved.

© 2021 CQG, Inc. All rights reserved.

Linear vs non-linear© 2021 CQG, Inc. All rights reserved.

A solution to transform charting into a more manageable data series is to use more
linear chart types. To do so usually means removing the time aspect in the data.
There are a few examples of more or less linear data series, such as:Point and Figure
Constant Volume barTFlow
RenkoRange Bar© 2021 CQG, Inc. All rights reserved.

Point and Figure (P&F)
Instead of plotting
price over time,these charts plot
the changes ofdirection in priceon a graph-likegrid. The gridshows a column ofXs as the pricerises followed bya column of Os as
the price falls.
The change incolumns isdetermined by
how many ticks
the price pulls
back in the
opposite direction.

© 2021 CQG, Inc. All rights reserved.

Constant Volume Bar (CVB)
CVB bars are built based on volume - tick or exchange volume when available.
Each bar in a Constant Volume Bar chart contains a specified volume level. This volumelevel is reached by accumulating the volume/ticks of each of the underlying bars. When thatlevel is reached or when a new session begins, the next Constant Volume Bar begins toaccumulate volume from the underlying bars.

© 2021 CQG, Inc. All rights reserved.

TFlow
TFlow offers not only quote data, but also depth of market data. TFlow are built from a DOM data and consist of:•Low that indicates the lowest bid traded at the start of the bar. If no trades occurred at the bid, this value is the highest bid.
•High that indicates the highest ask traded at the start of the bar. If no trades occurred at the ask, this value is the lowest ask.
•Bid volume (BV) that indicates the volume of the trades at the bid side accumulated over the bar.
•Ask volume (AV) that indicates the volume of the trades at the ask side, accumulated over the bar.
The current TFlow bar is closed and a new bar opened when any of the following price conditions occur (except FixedIncome):• Last trade is greater than the bar's high.
• Last trade is lower than the bar's low.
• Best bid is greater than or equal to the bar's high and best bid is notequal to best ask.
• Best ask is less than or equal to the bar's low and best ask is not equal
to best bid.
• Best bid is greater than traded bid of the current bar.
• Best ask is less than traded ask of the current bar.
• The first tick occurs in a new session.

© 2021 CQG, Inc. All rights reserved.

RenkoA Renko chart isa chartconstructed ofbricks thatindicate pricemovement as away to help
expose trends
and support andresistance levels.
A brick is createdeach time theprice exceeds thetop or bottom of
the previous brickby some amount,which you set inpreferences.
© 2021 CQG, Inc. All rights reserved.

RenkoA Renko chart isa chartconstructed ofbricks thatindicate pricemovement as away to help
expose trends
and support andresistancelevels. A brick is
created eachtime the priceexceeds the topor bottom of theprevious brick bysome amount,which you set inpreferences.
© 2021 CQG, Inc. All rights reserved.

Range BarA Range Bar chart is chart constructed of bars that indicate price movement as a way to help expose trends
and volatility. A bar is created each time a trade occurs outside of the previous bar’s stated price range,
which you set in preferences.

© 2021 CQG, Inc. All rights reserved.

How does this make this chart type more interesting?
1) The distortion created by swift moves on timed bars are now represented
linearly.
2) Periods of inactivity are eliminated3) Indicators such as RSI, Moving Averages are less reactive and provide bettersignals
4) The ability to know when a potential new bar will be built (break of bar’s high orlow)
5) Ability to project certain indicators’ values in advance© 2021 CQG, Inc. All rights reserved.

Charts comparison© 2021 CQG, Inc. All rights reserved.

Charts comparison© 2021 CQG, Inc. All rights reserved.

Charts comparison© 2021 CQG, Inc. All rights reserved.

Charts comparison© 2021 CQG, Inc. All rights reserved.

Charts comparison© 2021 CQG, Inc. All rights reserved.

GOLD© 2021 CQG, Inc. All rights reserved.

SILVER© 2021 CQG, Inc. All rights reserved.

www.cqg.com
Disclaimer
Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer
educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment
decisions or to consult with a registered investment advisor.
CQG®, DOMTrader®, SnapTrader®, TFlow®, TFOBV®, TFOBVO®, TFVOL®, and Data Factory™ are trademarks of CQG, Inc.

© 2021 CQG, Inc. All rights reserved.