Trading Integrations

Quantower Integration

In this lesson, you’ll learn how to install and configure the Quantower integration with MenthorQ, allowing you to display institutional-grade price levels directly on your Quantower charts with full customization options.

After signing up for MenthorQ, you can access your dashboard to download the Mentor Q Levels Premium indicator file. Installation is straightforward: extract the downloaded file and copy it into your Quantower Settings Scripts Indicators folder (typically found at C1 Tower Settings Scripts, Indicators). Once installed, the indicator appears under the custom category when you add indicators to your chart.

To activate the indicator, you’ll need to enter your API key from your MenthorQ dashboard into the settings page. This immediately plots all available levels on your chart, including GEX, blind spots, swing levels, and game of scalping levels. The indicator works seamlessly across both futures (like ES and NQ) and equities (like Apple), automatically refreshing levels when you switch between instruments.

One powerful feature is level conversions, which allows you to display levels from one instrument on another instrument’s chart. You can use auto mode for automatic ratio calculations or manual mode to specify your own conversion ratio. For example, you can convert SPX levels to ES using auto mode, or use a manual ratio of 41.26 to convert QQQ levels to NQ. This enables advanced strategies like viewing SPX levels on Apple or QQQ levels on Nvidia using a ratio of 3.63.

The indicator offers extensive customization options for visual presentation. You can modify text size, label alignment, and offset positioning for all levels. Each level type has individual styling controls, allowing you to customize colors, line styles (solid, dashed, dash-dot), and thickness. When multiple levels overlap at the same price, the indicator applies a special other style setting. You can save all your preferences, including your API key, as a template in Quantower for quick reapplication across different charts.

Video Chapters

  1. 00:00 – Introduction and downloading the Quantower indicator
  2. 00:42 – Installing the indicator in Quantower Settings Scripts folder
  3. 01:42 – Adding API key and activating MenthorQ levels
  4. 03:38 – Using level conversions with manual and auto ratios
  5. 06:34 – Customizing colors, styles, and label settings
  6. 09:23 – Saving templates for quick settings reapplication
  7. 10:00 – Converting SPX levels to Apple and QQQ to Nvidia

Key Takeaways

  1. The Mentor Q Levels Premium indicator installs directly into your Quantower Settings Scripts Indicators folder and requires an API key from your dashboard
  2. Level conversions support both auto mode for automatic calculations and manual mode for custom ratios, enabling cross-instrument analysis
  3. Full customization is available for all level styles, including colors, line types, text size, and alignment preferences
  4. Save your complete configuration as a template in Quantower to quickly apply settings across multiple charts
Video Transcription

[00:00:01.01] - Speaker 1
All right, thanks, Fabio. So I'm Joey. We built the Quantire integrator indicator for MythQ and I want to show you how that works here. So the first thing to do is to, after you've signed up for mythicue, you can sign into your dashboard right here and then you can find all the list of integrations that are available to you. For the Quantire one, click on the indicator to download the indicator file and I'll do that here. Now, I'm going to use the updated version for the demo, which will. Which will be coming out later today. But this is how you would download the indicator here, extract it into a folder. Then from there what you can do is just copy this file into your indicators folder. Now, for Quant Hour, by default, it's that will be under C1 Tower Settings Scripts, Indicators. So just copy this file right into here. That's all you have to do. And so now at this point, if you want to open up your Quant Hour chart, which I have here, if you click on add indicator on the chart now, now what you'll see is a new indicator under custom called Mentor Q Levels Premium.

[00:01:42.14] - Speaker 1
So if you click that, that's going to show you the initial settings page for the indicator. Now, the API key you would pull from your dashboard by clicking this link here. So I'm going to put mine in right now and that will let you see the deactivation of all the levels. So I have in Hue open right now and this is the default settings for everything as far as colors and the types of levels that are shown. But I can add, you know, other levels if I want to blind spots and it. And that will plot those levels for you on the chart. And so that's like the very basics as well. And these levels work for futures. You can also go into, say, Apple, which I have available here. If I pull up Apple, that will refresh the levels that will show Apple levels as well. I can show the swing levels for Apple. So I'll just turn everything on. So you can see a example that will pull all the levels from the Mentor Queue API for you automatically, so you don't have to plot anything yourself. If I go back to, let's say, es, what I want to show you is some of the new features that we're adding, which is level conversions.

[00:03:38.06] - Speaker 1
So if I want to go in here and I want to say I want to convert SPX for es, then I'm going to activate that level. Now I can do manual or auto or spread Same as the trading view indicator as far as the options there actually say I wanted to go into NQ because I know there's a ratio that people like to use for manual for nq. If I go into here and I say, okay, I don't want to use auto for this one, I want to use say manual, I'll do QQQ and say 41.26 for the ratio. This is a manual ratio. If I do that and I refresh the price levels, that'll show the QQQ levels on the chart alongside everything else. And so that allows you to use the manual conversion yourself using any ratio that you want. Now say you wanted to use the auto ratio. So I'm going to use ES for that. If I go into here and I say I want to use auto and I'm going to use spx. Let me find SPX here. I don't need that label anymore. This manual ratio won't apply. As you can see, these two fields are only when you're using manual mode auto, it's going to automatically calculate that for you.

[00:05:11.23] - Speaker 1
Now if I hit refresh now, what you'll see is the automatically auto calculated SPX levels plotted on your chart for you. And so you can do numerous conversions if you want and those will plot there on the chart for you. And so let's see if I wanted to turn that off. Back to the futures levels. So that's, that's the basics of the levels getting plotted on the chart. Both the levels that you're used to seeing in the quantum indicator, but also the new converted levels as well. And some of the features that we've had for a while, in case you haven't seen it, is the ability to customize the colors and the size and a lot of different details about the levels that are shown. And so if you, you know, if you want to change the size of the text, you can make that bigger, right? Align the, you know, the levels, if you want, offset them. So say you want to, you don't want them all the way over there. You can offset it by however much you want and just kind of play with that, however much you want. And then you, of course you can change the color, which is, which is the important part for a lot of people.

[00:06:34.24] - Speaker 1
So you can change the colors of individual levels as well as the size and the, and the style of individual levels. So say I wanted to change, let's see the GEX 2 to be a little bit larger. Okay. So the GEX 2 right now is overlapping with the game of scalping levels. So you'll find that a lot with, with the futures. And so if I turn off the scalping levels, that will show that new style right there. Because the problem. The problem is that for overlapping levels, there's a style that's used at the very bottom of the settings called other. And so those. That style is used for levels that overlap on the same price because we don't really know what color to apply or what style to apply if there's multiple levels. So that style will apply for any levels that overlap each other, which is why you were seeing. If I turn this back on, just scalping, what you'll see is it turns back to white because that's my styling for the Geck 2 or for the other level settings there. So anyway, the first turn scalping off, just to make it simpler for you to see the settings change, you can see here the X2 is changing.

[00:08:00.23] - Speaker 1
I can change the style of it to dash dot, you know, anything you want that's supported in quantower. And so I can change the color and everything that you want. So. And then of course, you can toggle levels on and off as you want to as well. And so all the current levels that are supported by Mentor Q are shown in here, the gamma levels, the blind spots. And yeah, so it's fully customizable to your needs. And one little tidbit that might be helpful for folks that aren't familiar with it in Kwant Tower is you can actually save templates for your indicators. And I use that a lot for throughout quantower. But one of the nice things is once you have your settings like exactly where you want them, including your API key. By the way, what you can do is you can save a template and this will save all your settings that you've configured in here for this particular indicator into a template that you can later apply on your own. Because, see, like mine, my personal settings that I use for men 3Q is saved in a template here. And what you'll see is when I apply this, it actually changes all the levels white.

[00:09:23.17] - Speaker 1
Because. Because I like to have all my levels white. Just a personal preference, but that allows you to. Basically, it'll apply any settings that you have from that template, so you can make it easier to go back later on. So that's a basic overview of the settings and how the Quant Hour indicator works.

[00:09:44.26] - Speaker 2
Yeah, and maybe Joy, we can show also the power of it, maybe converting, you know, SPX level on like an asset like Apple or like even QQQ levels on Nvidia.

[00:09:55.22] - Speaker 1
I would.

[00:09:56.11] - Speaker 2
I would say that that's like also the big power of this indicator.

[00:10:00.16] - Speaker 1
Okay, so go to Apple and then convert or other way around.

[00:10:06.26] - Speaker 2
Yeah, if you go to Apple and we bring in the SPX level and then maybe what we. We show also the QQQ levels on Nvidia and see what happens.

[00:10:18.02] - Speaker 1
Okay, let's see if I go to. Let's turn on some of those levels. So you want to. You want to convert SPX to Apple? Sure. Okay. All right, let's see what happens. There we go. So now we have the Apple chart up and we have SPX levels being converted and plotted on the chart so we can change. Let's see. I don't have QQQ myself as far as the. The. The options data for QQQ available in my client tower. I have SPX but not QQQ right now. So I don't know if you wanted to. I can show it. I can show the manual for Q. Q. Q. With a manual ratio if you'd like. I can do that. So I can do that, and then that'll pull. See QQQ manual.

[00:11:20.10] - Speaker 2
Yeah, you can use the ratio of 3:63485 for Nvidia.

[00:11:27.01] - Speaker 1
For.

[00:11:28.19] - Speaker 2
Yeah, if you do it on Nvidia.

[00:11:30.14] - Speaker 1
Okay. Nvidia. Let's see. Nvidia. You want to use a manual ratio for QQQ. He said sure.

[00:11:42.13] - Speaker 2
And it's 3.632-33623.

[00:11:50.10] - Speaker 1
Okay. I'll have to change that in the next update, actually, because I only have two decimal places right now. I can change that in the next update, though. But. Yeah, so we go here. Nvidia. Let's see. Yeah. Nice. There you go. Awesome. So, yeah.

[00:12:22.08] - Speaker 2
Thank you, joy. That was. That was awesome.