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    cTrader Support & Resistance Ribbons

    cTrader Support & Resistance Ribbons


    14-Day Refund Option (Read Policy)

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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.
    Type: cTrader Indicator
    Version: 1.0.0 - help?
    Vendor: Peaks & Valleys

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

    HK$107.22
    Download Trial Now

     

    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.

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    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.

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