To place a bracket order

1.  Click the Special Orders button drop down arrow and select BRKT Bracket Mode, like this:

Description: C:\Documents and Settings\michelle\Desktop\cqgt bracket order.png

Notice that order buttons and watermarks have brackets around them:

Description: C:\Documents and Settings\michelle\Desktop\cqgt brackets.png

 

2.  Place your order. A confirmation window opens.

Description: C:\Documents and Settings\michelle\My Documents\Help Images\CQG Trader\CQGT 4.1\cqgt bracket confirm.png

 

3.  Select ticks or currency for the target order’s profit measurement with corresponding values.

4.  Select LMT, ICBG, or TLMT for the target order’s type.

5.  Select the stop type for the Stop Loss. In our example, once the buy order is filled, two stop orders are triggered, one at an 8-tick profit (target order) and one at a 5-tick loss (stop loss order).

6.  Click the Place Bracket button. The order looks like this in the Orders and Reports window:

Description: C:\Documents and Settings\michelle\Desktop\cqgt working bracket icon.png