This is a collection of cTrader Commitments of Traders (CoT) indicators that quickly quantify the actions of a group of traders. In the case of the commercials, the COT index allows us to put into perspective the weekly positions of commercial traders so that we have a consistent reference point by which to judge their actions. With this data, we can determine very quickly how their current level of buying and selling.
The main feature of the Composite Index is to represent the momentum with clear operating signals. So, when the RSI enters an overbought or oversold zone, the crossing of the Composite Index with its moving averages in the opposite direction represents a good trading signal, then, framing this symbiosis of the oscillator momentum with the action of the price on supports and resistances you get a very interesting and winning trading logic.
This excellent cTrader indicator can identify long-term support & resistance levels over a period of 52-weeks or 1-year, it shows the highest and the lowest price that a symbol has been traded over that period. It also has the option to send instant Telegram messages, emails or a popup window the moment the price breaks through the key levels, so you will not miss this very important event.
This cTrader ADX Divergence indicator is used to quantify trend strength where the ADX calculations are based on a moving average of price range expansion over a given period of time. Taking advantage of all of the 3 lines of the ADX indicator, we can extract information on trend strength divergences in a very profitable way.
The purpose of this cTrader algorithm of the Boxify indicator is to try to put price action into zones, or better, boxes. This way, the trader can get an edge on his trading positions. This is not an indicator that can stand on its own, but rather a nice tool that can complement any trading strategy or setup.
Harnessing the full power of the Williams %R indicator, the cTrader Chaos Reversals indicator brings high-quality reversal signals to traders. Consisting of a fast and a slow W%R, smoothed with an EHMA (Exponential Hull Moving Average) Chaos brings a degree of order to your chart. Includes Instant Telegram alerts to mobile phone.
Many traders have requested a way of saving all chart drawing objects so that it loads automatically when cTrader is opened again, this Chart Drawing Object Saving Tool will quickly do this for you. It is also possible to load and save all the drawings on the chart using the keyboard hotkey shortcuts.
The Chart Navigation Indicator for the cTrader trading platform allows you to quickly switch timeframes or symbols by pressing keyboard arrow keys, it works simultaneously across all your open cTrader charts. If you are a scalper of need to quickly open or manage your trades then this tool is one you should have in your toolkit.
The cTrader Crosshair Synchroniser indicator allows you to move the crosshair on your working chart symbol and see it move on your other charts for the same symbol using the same or different timeframes by syncing all charts together.
In the late 1950s, a stock trader and wall street legend named Nicolas Darvas turned $25K into $2 million using the Davras Box indicator which is based on momentum and trend, but does not predict or speculate price, instead, it reacts to price action. This Free cTrader indicator is based on the same indicator that Davras used.
The cTrader Direction Correction Target (DCT) was made with the idea to be not just an indicator but the whole trading strategy system by itself, you will also receive telegram alerts when there are signals to buy or sell. We have tested this indicator at ClickAlgo and there is so much more under the hood, it is an excellent trade planning indicator complete with entry points and profit targets and is highly recommended.
Our modified version of the cTrader Donchian channel indicator will help you easily identify the highs and the lows, this type of indicator shows the volatility, breakouts and overbought & oversold levels of a symbol. This indicator can be set on any timeframe and uses adjustable bands that are set equal to the Donchian periods of highest highs and lowest lows across a moving average.
The cTrader Economic News Chart Events indicator was built by Spotware, the creators of the cTrader platform to show the upcoming news events directly on the chart as a vertical line. This will help the trader see if there is a high-impact news event about to happen.
The cTrader platform does not have an automated advanced protection feature for trades that open in the future like automated or pending orders, this tool will protect your exposed positions while you are away from your desk. There are 5-take profit targets, a break-even stops, trailing stop loss and stealth stops.
The Free cTrader harmonic indicator is a feature-limited copy of the full-paid version that uses Fibonacci numbers to define precise turning points in the Forex markets to predict future movements. This indicator contains the following patterns: Bat, Gartley, Crab, Butterfly, Cypher and Shark. When you use Harmonic patterns for trading, it refers to an idea that trends are harmonic phenomena, which means they can be subdivided into smaller or larger waves that could predict the price direction.
The Free cTrader Risk & Reward Charting Tool provides all the features to help traders set up their trades with how much they are willing to risk before submitting an order. This is a limited feature release of the full paid version but is still packed with risk management & fast trade planning.
The cTrader Harmonic Pattern Recognition Indicator is a powerful technical analysis and pattern recognition tool for retail traders. These patterns represent price structures that contain combinations of distinct and consecutive Fibonacci retracements and projections. This scanner will identify 6 of the most popular harmonic patterns and at the same time send a Telegram or SMS message to your desktop PC or mobile phone.
This tool will make your life much easier and allow you to trade much faster by using the Keyboard shortcuts to execute trade events that would normally take x 10 longer. Once you master the keyboard shortcuts you will be able to execute and manage orders far quicker than your fellow traders.
The cTrader Information panel will show you at a quick glance in a nice easy-to-read panel the symbol spread, total trades for your session, the winners, losers and your success vs loss rate as a percentage. This unique indicator has all the information you will need to understand how your account is being traded.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that also sends Telegram alerts to your mobile phone to determine the correlation between two moving averages. This indicator helps traders determine when there is a bearish or bullish high momentum.
The measuring tool indicator was created by Spotware and is not available as standard with the cTrader platform, so this was created to duplicate some of the features of the popular measure tool used in TradingView. The following data is made available as you draw on the chart bars, amount of time, price delta, price percentage change, and volume.
The indicator combines Moving Average Crosses with the SuperTrend to highlight strong trends and weak trends while internally the Moving averages are used to identify a long term trend while the SuperTrend allows to segment strong and weak cycles of the trend identified by the moving averages.
This is one of the most popular drawing tools for cTrader that is open source, you can draw Head & Shoulders, ABCD, GANN, Fibonacci, Pitchfork and many other major patterns onto your chart. It is fully customisable so that you can draw the patterns with any colour scheme that suits you, this tool does not automatically find the patterns, you will need a good understanding of how to draw them onto your charts.
This Pivot Point indicator runs on the cTrader trading platform and was originally developed by floor traders in the Forex & Commodities markets to determine potential turning points. many day traders use pivot points to help identify likely levels of support and resistance that show possible turning points from bearish to bullish and vice versa.
You can use the cTrader Pivot Points Pro indicator to find a good pullback entry in a trend, you can find the pullback and retest in the pivot points, and this is a potential opportunity for helping you enter or exit trades.
The cTrader Risk & Reward management tool can easy to help you to set the risk vs reward values, you can just drag the take profit & stop loss lines to auto calculate the risk amount or volumes needed to be used. Also, included is an automatic take profit feature that will allow you to set 3 different scenarios to lock in those profits.
The cTrader Risk & Reward Professional Indicator is a comprehensive tool that allows visual pre-planning with one-click trading and trade execution with up to 4 dynamic take profit targets. The position size is calculated in real-time based on the % of the equity or a fixed amount. This tool is packed full of must-have features for any trader.
The cTrader Relative Strength index (RSI) Divergence indicator is similar to the MACD version, but it uses the formula for the RSI instead, the divergence recognition indicator is very powerful and accurate at determining trend reversals which are perfect for your buy and sell entry points. This indicator does not repaint & includes alerts.
The Squeeze Momentum Indicator shows periods when the volatility of a symbol increases or decreases, which is when the market goes from a trend to flat movement and vice versa. This type of indicator is a custom technical indicator that shows price compression which leads to price movement for the rate of change of a currency pair in real-time.
The Strategy testing tool is Free to download and allows you to use the built-in backtest feature of cTrader for testing your manual strategies before going live. All traders need some form of a trading strategy when they submit and manage orders, this tool will allow you to test your strategy on historical data so you can identify any potential issues that may blow your account.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. read Full Risk Disclosure.ClickAlgo Limited is a company registered in England and Wales with company No. 13117395.