The cTrader average true range (ATR) is a technical analysis indicator that measures market volatility by analysing the complete range of an instrument price for the selected period which was was introduced by market technician J. Welles Wilder to measure of volatility. It can also help traders decide when they might want to enter a trade, and it can be used to determine the placement of a stop-loss order.
This Free cTrader Forex Currency Correlation Indicator uses statistical analysis on how a currency pair either moves with or against another currency pair. Traders can employ currency correlation factors for making a better trading decision. in a nutshell, it shows if two currency pairs move in the opposite or same direction within a particular time.
The cTrader Forex News Manager Professional is the only tool you need to manage high-impact news events to protect your money and control your automated trading systems while you sleep. This is a feature-rich application that will send you a popup, email, Telegram & SMS alerts. before the news event happens as well as automatically close all open positions that relate to the upcoming news event.
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 instant messages to your desktop PC or mobile phone.
This version of the Heikin-Ashi indicator for the cTrader platform automatically hides the standard chart type and allows you to choose the bullish and bearish colours. The Heikin Ashi indicator can show trends that are easier to analyze than normal chart types, traders can use it as a signal to keep positions open while a trend continues and to close the position when the trend reverses.
When you use the cTrader Market Profile indicator, you will have a huge advantage with your trading as you will see important price levels that many other traders do not see and you will be able to easily recognise price levels where the largest Price Action is happening. Single profile only.
The cTrader Risk & Reward Charting Tool is an invaluable weapon for Forex traders where you only risk what you are prepared to lose while at the same time you maximise your profits. It allows you to place orders easier and faster while at the same time it will mark your entry and exit points.
Many professional traders use trendline breaks as a way to enter trades, this cTrader indicator will send an email, instant Telegram message and show a popup window when the price of a symbol breaks the trend line that you have drawn on your chart. This is the perfect method to know when the price has broken through key areas without the trader having to stare at the same chart 24/7.
The cTrader Volatility Trader is a terminal that will manage your open positions when an event in the markets cause the price of a symbol to move so fast that any open positions are at risk. It calculates the direction of the surge in price and either ride the price flow or closes orders depending on the direction. It can also be used as a short term scalping tool by directly acting on high-volatility and manually submitting an order.
This free Waddah Attar Explosion indicator for the cTrader trading platform is based on price action and can be used by trader's to help identify when the price of an instrument has started moving as a continued trend or is about to break-out after being in a range or after a price reversal, included is an additional feature to send Telegram alerts.
The purpose of the cTrader Forex Heat Map Panel is to provide a graphical presentation on the relative strengths of major currencies relative to others. All the majors are shown and updated dynamically for you, a pop up panel is displayed which can be dragged anywhere on your monitor's. This is a browser pop up window powered by TradingView.
The cTrader Cumulative Multi-Timeframe Delta Volume indicator shows the difference between the Bid & Ask volume, it shows which side of the market participants, the Buyers or Sellers are more active in a certain period of time.
This is a collection of 7 Free cTrader Divergence indicators which show when the price of an instrument is moving in the opposite direction of a technical indicator. This type of indicator can warn that the current price trend may be failing which can lead to the price changing direction.
How can you trade using the cTrader support & resistance 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 breaking through the level. Email, Telegram & Pop-up alerts.
This tool has been developed to help customers who use the cTrader trading platform test their Email, Telegram bot and SMS settings to make sure they are working correctly for trade alerts sent by the platform or a custom indicator, automated trading system or Add-On application.
Risk Disclosure: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. ClickAlgo Limited is a company registered in England and Wales with company No. 13117395.