Volatility, Spread & DOM at a Glance
With the cTrader Scalpers Buddy indicator, you can see all the most useful information while trading on the charts.
You can change the colour to a white background
Audible alert and Visual Warning When Markets are on the Move
A unique feature of this indicator is that it will tell you when the buyers and sellers are very active for a symbol, this will be in the form of high volatility. You could be looking at other charts or making a cup of tea and a configurable audio warning will tell you which symbol is on the move.
~ Unique Warnings for Individual Symbols When High Volatility Occurs ~
Depth of Market
This is calculated using the DOM values that are provided through cTrader as shown below.
You can show both the volatility and spread or just spread or just volatility, this can be selected from the parameters below.
- Configure the volatility depending on your scalping requirements.
- Sound alert, configurable on/off.
- Position warning message anywhere on the screen.
- Configure colour of warning text to suit your background colour.
- Option to display actual volatility amount in pips to be shown with a message to show price movement
- Show or hide volatility message
- Show or hide the current bid/ask spread size.
- Show or Hide Depth of Market (total)
- Configure the colour of the current spread size text.
Adjustable User Parameters
~ Some brokers do not provide real DoM and have their volumes fixed ~
* Manual trading only - source code not available.