Search
GBP
Trading Software
    Menu Close

    cTrader Support & Resistance Ribbons


    14-Day Refund Option (Read Policy) - Pay Once, Use Forever

    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.
    Type: cTrader Indicator
    Current version: 1.0.0
    Requires: Windows 10
    Published: 28 April 2020
    Page last updated: 14 April 2021

    Any questions?  Join our Live Chat Support  and read our Licensing Terms

    £9.99

     

    ClickAlgo Review SafeBuy

    Single payment, lifetime updates.

     

    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.

     

    Instant Chat Support

    If you want a speedy reply to your questions just post your questions on our Telegram chat group.