How can you trade using the cTrader support & resistance level indicator? Well, support and resistance is a concept that the movement of the price of an instrument will tend to stop and reverse at certain price levels. These levels are calculated by multiple touches of the price without a breaking through the level.
The cTrader Fractal Adaptive Moving Average Technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. This download includes a PDF document explaining how to use this indicator.
This Dark Matter variation of the TD Sequential indicator is an indicator based on Tom Demark’s work and its purpose is to identify uptrend and downtrend exhaustion points. TD Sequential is composed by two parts, the TD setup and TD phase.
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