How to install
How to install cBots & Indicators
- Download the Indicator or cBot.
- Double-click on the downloaded file. This will install all necessary files in cAlgo.
- Find the indicator/cbot you want to use from the menu on the left.
- Add an instance of the indicator/cBot to run.
- Download the Indicator
- Double-click on the downloaded file. This will install all necessary files in cTrader.
Select the indicator from Custom in the functions (f) menu in the top center of the chart
- Enter the parameters and click OK
You can see CCI on your chart like Bollinger Bands for finding over bought / sold areas. When candle is above top line it means the CCI is above over bought level and when the candle is below bottom line it means the CCI is below over sold level. BitCoin: 1Me2TQ6Rgr8EevZNFKqvYegkbtY8C2cP5i
16 Jul 2016
William Blau's Ergodic CandleStick Oscillator written for cTrader. -This is another Momentum based Indicator , It Ignores Gaps (if you trade Stocks) and measures the candlestick tendency -Above 0 Line , you're a Bull and below it you're a Bear -The Hype about this one is its the fastest indicator to show a trend reversal Use at your own Risk -You Can Choose between Line and Histogram from the settings window
23 May 2016
This is Robert C. Miner's DTosc written for cTrader If you plan to implement this oscillator in your trading , Please Read/Google how to use it and what are the common settings used , probably the best way to do this is to Read the author's book " High Probability Trading Strategies "
23 May 2016
I just made this indicator for my personal use and I thought it maybe useful for others too, It's CCI indicator but the color of histogram bars are based on Heikin Ashi candles color so you can remove Heikin Ashi from your chart and just you can rely on this indicator alongside with your normal jap candlestick chart.
16 May 2016
Description: The Value Chart was developed to show the valuation of the market. The Value Chart could be described as a DeTrended Oscillator in which the higher or lower the value on the Value Chart the more likely it is to reverse direction. Updates: 19/03/2016 - Released. Parameters: Period - Period used for calculations. MA Type - Moving Average Type used for calculations. Body Width - Body thickness for candlesticks. Default Colors - Switches from default colors to OB/OS highlight colors. Overbought / Oversold Levels - Defines OB/OS areas. Screenshots: Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
09 May 2016
The Force Index is an indicator that uses price and volume to assess the power behind a move or identify possible turning points. Developed by Alexander Elder, the Force Index was introduced in his classic book, Trading for a Living. According to Elder, there are three essential elements to a stock's price movement: direction, extent and volume. The Force Index combines all three as an oscillator that fluctuates in positive and negative territory as the balance of power shifts. The Force Index can be used to reinforce the overall trend, identify playable corrections or foreshadow reversals with divergences.
27 Apr 2016
This is William Blau Tick Volume Indicator written for cTrader Combine this with your method of trading at your own risk .
09 Apr 2016
Description: This indicator is based on a strategy mentioned in John Carter's book, Mastering the Trade. The basic idea behind the strategy is that markets tend to move from periods of low volatility to high volatility and vice versa. The strategy aims to capture moves from low to high volatility. For gauging this he uses two common indicators - Bollinger Bands and Keltner Channels. He also uses the Momentum indicator to provide a trade bias as some as the Bollinger Bands come back outside the Keltner Channels. The Squeeze Break indicator combines this into a signal indicator and has the following components: A positive Green histogram means that the Bollinger Bands are outside the Keltner Channels and the market is lightly to be trending or volatile.The stronger the histogram the stronger the directional price move. A negative Red histogram means that the Bollinger Bands are inside the Keltner Channels and the market is lightly to be consolidating. The stronger the red histogram the tighter price action is becoming. Incorporated into the indicator is a Momentum indicator. According to the strategy J. Carter goes long when the Bollinger Bands break outside the Keltner Bands and the Momentum indicator is above the zero line. He goes short when the Momentum indicator is below the zero line. This indicator tends to be better with the larger timeframes. This indicator based on MetaTrader 4 and it has been rewrote for cTrader. Screenshots:
27 Mar 2016
Introduction: %B quantifies a security's price relative to the upper and lower Bollinger Band. There are six basic relationship levels: %B equals 1 when price is at the upper band %B equals 0 when price is at the lower band %B is above 1 when price is above the upper band %B is below 0 when price is below the lower band %B is above .50 when price is above the middle band (20-day SMA) %B is below .50 when price is below the middle band (20-day SMA) Signals: Overbought/Oversold %B can be used to identify overbought and oversold situations. However, it is important to know when to look for overbought readings and when to look for oversold readings. As with most momentum oscillators, it is best to look for short-term oversold situations when the medium-term trend is up and short-term overbought situations when the medium-term trend is down. In other words, look for opportunities in the direction of the bigger trend, such as a pullback within a bigger uptrend. Define the bigger trend before looking for overbought or oversold readings. Screenshots:
27 Mar 2016
Description: Snake Force is great indicator for determine Support and Resistance. This indicator based on MetaTrader 4 and it has been rewrote for cTrader. Screenshots:
25 Mar 2016
Description: Waddah Attar Explosion is a indicator and the essence of the forex indicator is to transform the accumulated history data. Waddah Attar Explosion provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust their strategy accordingly. This indicator based on MetaTrader 4 and it has been rewrote for cTrader. Screenshots:
25 Mar 2016
DSS Bressert - Double Smoothed Stochastic Indicator by Walter Bressert Its calculation algorithm is very similar to that of stochastic indicator. The value above 80 signifies the overbuying, the value below 20 signifies the overselling. Description: One after the other, William Blau and Walter Bressert each presented a version of the Double Smoothed Stochastics. Two exponentially smoothed MAs are used to even out the input values (H, L and C), in a similar way to the well-known stochastic formula. Calculation: Calculation of the DSS indicator according to Bressert is similar to stochastics. 1.) The numerator: first the difference between the current close and the period low is formed. The denominator: here the difference between the period high minus the period low is calculated. Now the quotient of numerator and denominator is calculated, exponentially smoothed and then multiplied by 100. 2.) The method is analogous to 1.) with the distinction that now the prices of the newly calculated price series of 1.) is used. Parameters: The adjustable period length can be chosen from 2 to 500. The most common settings will have a period length ranging from 5 to 30. In addition, the indicator can be smoothed in the interval from 1 to 50. Meaningful smoothing values lie in the short-term range. Interpretation: The application of the DSS is comparable with that of the stochastic method. Accordingly, values above 70 or 80 must be regarded as overbought and values below 20 or 30 as oversold. A rise of the DSS above its center line should be viewed as bullish, and a fall of the DSS below its center line as bearish.
25 Mar 2016