How Custom Indicators Work and What They Are For¶
cTrader custom indicators are primarily used to aid manual trading by providing signals that could guide your decision-making. However, any custom indicators can also be used in cBots for defining trends and prompting your bots to take certain actions.
Similarly to cBots, each indicator is a separate C# class with a set of properties, parameters, and methods. In contrast to cBots, however, indicators cannot be backtested and optimized.
The cTrader platform already includes several code samples of custom indicators upon its first-time launch.
Can Developers Combine Custom Indicators¶
To put things simply, yes, they can. cTrader allows for displaying several indicators on the same panel. We detail how to do it in a separate section of this documentation.