Ctrader Liniar Chart
Indicator
Version 1.0, May 2025
Windows, Mac
Trading product for Ctrader Liniar Chart Indicator, image 2
Trading product for Ctrader Liniar Chart Indicator, image 3
Trading product for Ctrader Liniar Chart Indicator, image 4
Since 28/01/2025
7
Sales
339
Free installs

Description




Trend Visual:


Draws trend lines (green for uptrend, red for downtrend) based on price direction changes

Plots a yellow price line on the chart

Support/Resistance Zones:

Configurable support and resistance levels with adjustable thickness (in pips)

Custom colors and opacity for the zones

Interactive zones that can be manually adjusted on the chart


Alert System:


Trend change alerts (when price direction changes)

Support/resistance zone hit alerts

Custom sound alerts for different events

Auto Support/Resistance:

Optional automatic adjustment of support/resistance levels when trends change


How It Works

Sets up the selected time frame (default is Daily)

support/resistance levels with default or user-defined values

Starts a timer to periodically check for zone adjustments


Calculation Logic

For each bar, it compares the current close price with the previous close price

Determines the current trend direction (up/down)

Draws a trend line between the current and previous prices

If the trend direction changes:

Optionally updates support/resistance levels automatically

Triggers trend alerts (if enabled)

Checks if price enters support/resistance zones and triggers alerts accordingly

Zone Management

Support/resistance zones are drawn as semi-transparent rectangles

Zones can be manually adjusted on the chart and the indicator will track these changes

Zone thickness is configurable in pips

Alert Types

Trend Alerts: Triggered when price changes direction (up/down)

Zone Alerts: Triggered when price enters support/resistance zones

Auto-Level Alerts: When auto-support/resistance is enabled, alerts when these levels are automatically adjusted

Time frame selection

Enable/disable different alert types

Custom sound file paths for different alerts

Support/resistance level .

Summary

AI summary
Ctrader Liniar Chart is a trading indicator designed to visually represent market trends and key price levels on selected time frames, with a default setting of Daily. It draws trend lines—green for uptrends and red for downtrends—based on changes in price direction by comparing each bar's close price to the previous one. A yellow price line is also plotted for reference.
The indicator features configurable support and resistance zones displayed as semi-transparent rectangles, with adjustable thickness in pips, customizable colors, and opacity. These zones are interactive and can be manually adjusted on the chart, with the indicator tracking any changes.
An alert system notifies users of trend changes, price entries into support/resistance zones, and automatic adjustments of these levels if the auto-support/resistance feature is enabled. Alerts can be customized with different sound files and can be enabled or disabled individually.
The indicator periodically checks for zone adjustments and updates support/resistance levels automatically when trends change, if configured. It supports time frame selection and provides a comprehensive visual and alert-based approach to monitoring price trends and critical levels in trading charts.
Indicator profile

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Discussion

FAQ

Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

Since 28/01/2025
7
Sales
339
Free installs