Five different user formula formats are available:

1. QFormulas or Quote formulas: Define specific market spreads, such as the energy "crack" spread, the soybean "crush," gold/silver ratio, interest rate spreads, butterfly spreads, Eurodollar strips, and more. You can convert London Metal Exchange quotes into COMEX equivalent prices. More than 200 formulas are supplied. To observe any spread, open a new chart and enter the Q number. The spread chart is displayed.
2. Conditions: Define specific technical situations such as high-volume bars, study criteria met (for example, RSI > 75), reversal bars, and more. Conditions are used to color or place markers over price bars. More than thirty conditions are supplied.
3. User values: Set conditions that return specific values, and use those values with other formulas and functions.
4. Custom studies: Develop indicators based on specific technical market actions using inputs you select from Formula Toolbox. Name the study, and add it as a button to your study collection display on the toolbars.
5. Trading systems: Take advantage of CQG’s offering of backtesting modules, including the Entry Signal Evaluator, Trade System Optimizer, and backtesting capability. CQG trading systems are well-suited for customers who want to test procedures and technical setups on historical data.