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.
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 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 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 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 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.
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.
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.
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.
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 Traders Dynamic Index is an all-in-one excellent cTrader indicator that probably generates one of the most useful arrays of signals on the market, there are a few available, but nothing compared to the features that the professional version has, which include many graphical enhancements and Telegram alerts.
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.