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cTrader Free Scalping Indicator


Limited Support

cTrader Free Scalping Indicator

The cTrader Forex Scalping Tool will inform the trader with a message and sound when high volatility occurs, it will also display the current spread and total depth of market volume for the buyers and sellers. Over 9000 downloads on cTDN
(OS) Type: Windows & Mac OS Compatible
Current version: 1.0.0
Updated: Friday, 19 January 2024

cTrader Indicator
£0.00 Excl. VAT.

Free for personal use under our license agreement. Redistribution & resale are strictly prohibited.

cTrader Software


Source code license available for customization options.


Need a cTrader broker?  Open a demo account

Educational use only: Read our disclaimer

With the cTrader Scalpers Buddy indicator, you can see all the most useful information while trading on the charts.

 

cTrader Scalpers Buddy

 

cTrader Scalpers Buddy White

 

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.

 

 Depth of Market

This is calculated using the DOM values that are provided through cTrader as shown below.

 

cTrader-DOM

 

You can show both the volatility and spread or just spread or just volatility, this can be selected from the parameters below.

 

CURRENT FEATURES

  • Configure the volatility depending on your scalping requirements.
  • Sound alert, configurable on/off.
  • Position warning message anywhere on the screen.
  • Configure the 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

 

Scalpers buddy parameters

 

~ Some brokers do not provide real DoM and have their volumes fixed  ~

 

Advanced Volatility Scalping Tool

If you are looking for something more advanced to capture volatility movements for a symbol then take a look at our Volatility Dashboard Widget

 

How To Install

First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.

 

Join Telegram Community

You can join a Telegram community and chat with other traders to discuss, share and ask for help.