CQG calculates and displays on the chart three Expansions or Profit Objectives. The three Expansion levels are referred to by the following abbreviations:
OP Objective Point
COP Contacted Objective Point
XOP Extended Objective Point
To place a DiNapoli Expansion Study on a chart
1. Select DiNapoli Expansion tool.
2. Select an appropriate A-B-C price swing by clicking at three price levels on a chart.
Properly assessing combinations of both the Expansion and Retracement levels further enhances the accuracy of this approach.
•Display
•Font: Select a font for the study.
•Value: Displays user-selected open, high, low or close. The study is designed to snap to this value.
•Date: Indicates the dates where the points are placed.
•Time: Indicates the time (for intra-day bars) where the points are placed.