Description
Dr Chan Theory Indicator for cTrader is a market structure / chart overlay technical analysis indicator used to display Dr Chan Theory structures on cTrader charts.
It is suitable for traders who focus on price action, trend structure and multi-timeframe analysis. The indicator displays key Dr Chan Theory structures as chart objects, including Bi structures, Zhongshu zones, buy/sell markers and more, helping users observe market rhythm, structural changes and relationships between different timeframes more intuitively.
This indicator is not an automated trading robot and is not a trading signal service. Its purpose is to help users read charts, review markets and build trading plans more clearly.
The current version is compatible with specified Pepperstone cTrader symbols and timeframes. This product is an independent third-party indicator and is not an official Pepperstone product or a Pepperstone partner product.
Indicator overview
- Indicator type: market structure / chart overlay indicator.
- Preferred instruments: specified Forex, indices, commodities, cryptocurrencies and stock CFD symbols in Pepperstone cTrader.
- Preferred timeframes: 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly and monthly.
- Trading use case: chart structure observation, multi-timeframe analysis, trading plan preparation and review support.
What you can see on the chart
- Bi structures: used to observe swing rhythm and structural progression.
- Zhongshu zones: used to observe important consolidation, balance and structural overlap areas.
- Buy/sell markers: used to help locate key structural reference points.
- Text labels, horizontal lines, vertical lines, rectangular areas, trend lines and other chart objects.
- Automatic data matching with the current chart timeframe is supported by default, making multi-timeframe observation easier.
Who this indicator is for
- Users who are learning or using Dr Chan Theory and Chan Theory structure analysis.
- Users who want to view structure information directly on cTrader charts.
- Users who use Pepperstone to view Forex, indices, commodities, cryptocurrencies or stock CFDs.
- Traders who need to compare trend structures across different timeframes.
- Users who want to make chart reading, planning and review workflows clearer.
Access and licensing
Product access and licensing are managed through the cTrader Store purchase, trial and installation process. Please refer to the purchase status, trial status and product information shown on the cTrader Store product page.
Currently supported Pepperstone symbols
Forex:
GBPUSD, EURUSD, USDJPY, USDCHF, AUDUSD, USDCAD, GBPJPY
Indices:
US500, NAS100, GER40, UK100, JPN225, VIX, HSTECH
Commodities:
XAUUSD, XAGUSD
Cryptocurrencies:
BTCUSD, ETHUSD
Stocks:
AAPL.US-24, MSFT.US-24, GOOG.US-24, AMZN.US-24, TSLA.US-24, NVDA.US-24, META.US-24, NFLX.US-24, JPM.US-24
Supported timeframes
1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly and monthly.
Suggested workflow
1. Open a chart for a supported symbol in the Pepperstone cTrader environment.
2. Load Dr Chan Theory Indicator onto the chart.
3. The Dr Chan Theory Indicator data time is UTC+0. When checking chart structures, make sure to switch the cTrader chart time zone to the corresponding time zone before comparing positions.
4. Make sure the current chart timeframe is supported. The indicator automatically matches data to the chart timeframe.
5. Turn "Show Bi", "Show Zhongshu" and "Show Buy/Sell" on or off as needed.
6. Observe the chart structure together with your own trading plan, position management and risk control.
Parameter settings
The current version exposes only the following 3 visible parameters in the cTrader indicator panel. Data timeframe, broker symbol suffix, cache, refresh, compressed transfer and logging settings are managed internally by the indicator and do not need to be configured for normal use.
Show Bi
Default value: "true"
Whether to display Bi structures.
Show Zhongshu
Default value: "true"
Whether to display Zhongshu zones.
Show Buy/Sell
Default value: "true"
Whether to display buy/sell markers.
Important notes
- This product is a technical analysis assistant indicator, not an automated trading robot.
- The indicator does not place orders automatically.
- The indicator does not constitute investment advice, a trading signal service or a profit guarantee.
- The current version is compatible only with specified Pepperstone cTrader symbols and specified timeframes.
- The Dr Chan Theory Indicator data time is UTC+0. When displaying it on a cTrader chart, please switch to the corresponding chart time zone before checking structure positions.
- Users should use it together with their own trading plan, position management, risk control and independent judgment.
Future update direction
The current release version prioritizes specified Pepperstone cTrader symbols and timeframes. Future updates may continue to expand more brokers, more symbol mappings and a more complete data service scope according to the product plan.
Risk warning
Financial market trading involves risk. Past performance does not guarantee future results. This indicator is only a technical analysis and learning assistant tool. It does not constitute investment advice, a trading signal service or a profit guarantee. Historical structures do not represent future results. Users should fully test it in their own trading environment and use it carefully together with risk management rules.
