In this article you will learn how to set up the Menthor Q Indicators for Quantower. You can now access Gamma Levels and Blind Spots Levels on the platform. You can now integrate the MenthorQ data into Quantower directly via API.

What is Quantower?

Quantower is a comprehensive, multi-asset trading platform designed to cater to both novice and professional traders. It offers a wide array of analytical and trading tools, supporting various asset classes such as equities, futures, options, ETFs, and Forex. Check out the Website.

Indicator Features

Within the Indicator you have the following features:

  • Integration via API
  • Full Customization of Levels Plots and Labels
  • Access Multiple Levels Type:
    • Gamma Levels
    • Gamma Levels Intraday
    • Gamma Scalping
    • Gamma Scalping Intraday
    • Blind Spots
    • Swing Levels
  • Levels Conversion. You can convert all Levels Type from one asset to the other using Auto or Manual Ratio

How to integrate MenthorQ Levels on Quantower

Integrating the MenthorQ Levels into Quantower is very simple. To do so follow these Steps:

  • Log into your Account Dashboard and go under Integration. Locate the Quantower section and download the indicator.
  • Paste the indicator in the following folder within your computer: C:\Quantower\Settings\Scripts\Indicators
  • Fill up the Activation Form. You will be need to confirm your Machine ID

Check out the Video Tutorial.

Configure the Indicator on Quantower

Once downloaded the indicator go into your Quantower Indicator List and look for the MenthorQ Levels Indicator.

Quantower Integration - Quantower Indicator
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Step 1. Add your API Key

Scroll down the Indicator Settings and add your API Key. You can retrieve the API Key within the MenthorQ Account Dashboard.

Quantower Integration - Quantower API
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Step 2. Choose Level Type

You can select what types of Levels you want in your chart and the Gamma Model. You can add Gamma Levels, Swing Levels (when available) and Blind Spots Levels.

For Gamma Levels we have 2 Models:

  • Gamma Levels. Those are the main MenthorQ Gamma Levels.
  • Gamma Scalping. This model allows you to access more gamma levels within a smallare range. Tailored for Futures Traders who are looking at tight areas for scalping.
  • Blind Spots Levels. You can learn more about Blind Spots here.
Quantower Integration - Quantower Levels Type
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Step 3. Customize the Levels Font and Color

You can customize each level font, style and color directly from the Settings Tab.

Quantower Integration - Custom Settings Quantower
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Step 4. Levels Conversions

Within Quantoweryou can now convert Levels from one asset to the other. For example you can do the following conversions:

  • Convert End of Day SPX Gamma Levels to ES
  • Convert Intraday QQQ Gamma Levels to NQ
  • Convert QQQ Blind Spots Levels to NVDA
  • Convert GLD Swing Levels to GC

Note: Conversion works with Auto and Manual Ratio. For more information about Levels conversion check out our Tutorial Videos on our Trading Integrations Course.

Quantower Integration - Levels Conversion Quantower
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Quantower Integration - Converted Levels Qauntower
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