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    cTrader Support & Resistance Ribbons

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    Are you looking for a place where the price will bounce and a place where the trend might reverse or maybe just want to know what is the current state of the trend? This indicator is just for you.
    (OS) Type: Windows Compatible
    Current version: 1.0.0
    Updated: Wednesday, 14 April 2021
    Author: Peaks & Valleys

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    Educational content: Read our disclaimer

    £9.99 Incl. VAT.
    cTrader Software

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    If you are looking for a price action indicator, you are in the right place. Our indicator displays three ribbons: Blue, Orange and Red. Each of the ribbons has a higher probability that price will react to it.

    • Blue - low probability
    • Orange - medium probability
    • Red - high probability


    Note: low, doesn’t mean price won’t react on it, it means the chance is lower than the other ribbons.

    cTrader Support Resistance Ribbon Indicator 


    Trend Information

    This indicator displays also information about the trend. There might be 7 states:

    Strong Uptrend
    ● Uptrend
    ● Uptrend Correction
    Strong Downtrend
    ● Downtrend
    ● Downtrend Correction
    ● Wait (it’s hard to determine trend state and more candles are needed)


    Configurable Parameters

    The following settings are available to the trader.


    cTrader Support Ribbon Settings


    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.


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