CandleNumber-NotYourAlgo is a chart indicator designed for automated candle numbering and range visualization on trading platforms. It allows users to define a custom number of bars (N) for automatic sequential numbering, aiding in precise wave counts, pullback analysis, and entry timing. The indicator dynamically plots the highest high and lowest low over a user-specified lookback period, marking the current trading range with dotted lines.
Key features include adjustable numbering position above or below candles with automatic alignment to avoid wick overlap, and a customizable gap setting to maintain number legibility across various asset types such as Forex, commodities, indices, and cryptocurrencies. The indicator supports instant toggling of numbering and range lines via the Tab key for a clean chart view. It integrates natively with cTrader, using the platform’s color picker for seamless theme matching, and operates with zero-lag by processing only the live bar to maintain platform performance.
This tool is suitable for traders employing price action, Smart Money Concepts (SMC), and wave analysis strategies who require efficient and reliable bar counting and range identification across multiple markets including Forex pairs (e.g., EURUSD, GBPUSD), commodities (e.g., Gold), indices (e.g., NAS100), and cryptocurrencies (e.g., BTCUSD).