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    cTrader Measure Charting Tool


    Limited Support (Read Me)

    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.
    Type: cTrader Indicator + source code
    Current version: 1.0.0
    Requires: Windows 7, 10, 11
    Updated: 22 December 2021
    Vendor: Spotware

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    This indicator provides some very useful information for the trader when it has been drawn onto the chart, the user selects the tool and draws either a bullish or bearish rectangle usually selecting start and endpoints on the candles as shown below. You have the option to draw an upper or lower zone, the lower zone is shown below in red shows the following information.

    • Bars: number of candles (bars) between the starting point on the left to the endpoint on the right, so the whole zone.
    • Time: total time in the zone, 1.08:40 means 1-day, 8 hours and 40 minutes. 
    • Price Delta: price difference in the measured area. In absolute and relative terms.
    • Volume: tick volume for the elapsed period measured by the tool.

     

    cTrader Chart MeasuringcTrader Measure Tool Bull

     

    How it Works

    When you have installed the indicator, you simply attach it to the chart that you wish to use it on and you will see the small button top left called Measure.

    ctrader measure

    Click on this button and you will see it turn Red, this means the drawing tool is active, follow the instructions below to draw the zones.

     

    Lower Zone

    1. Click anywhere on the chart and move the mouse down to start drawing.
    2. Click again to complete the drawing.
    3. use the mouse and drag the rectangle to where you want it to be.
    4. The rectangle will show 8-points to allow you to resize left, right, up or down.

    Upper Zone

    1. Click anywhere on the chart and move the mouse up to start drawing.
    2. Adjusting the zone is the same as the lower zone.

     

    How to Delete the Rectangles

    to remove the drawing objects just click on the shaded zone and press the delete key or right click your mouse and choose delete.

     

    Indicator Settings

    You can use this Indicator on any timeframe, unfortunately, we hope that the user settings are self-explanatory, but if you need help then post your question on our support group. You can also watch the video demo where we explain all the settings and how to use this indicator on your charts.

     

    cTrader Measure Tool Settings

     

    How To Install & Open

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

     

    Watch a Video Demo

    We have recorded a hands-on tutorial showing how to use this tool and all the settings above.

     

    Source Code Included

    This product was created by Spotware and the full source code is included to allow you to modify and use it.

     

    Custom Development Work

    As this indicator is open source you can request custom development work to modify and improve it, you get to keep the full source code after, just get in touch with us below.

     

    Join Telegram Community

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

    Indicator TypeCharting Tool, Code Included