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.