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Favourites Panel

The Chart Favourites Panel is located to the left of the each currently opened chart. It contains the following options:

  • Zoom In/Out
  • Chart Type
  • Indicators
  • Chart Objects
  • Chart Templates
  • Time Frames

Zoom In/Out

Hover over the Zoom button in the chart, and use the corresponding buttons or zoom levels () to change the scale of the chart. The Price Axis (vertical) and the Time Axis (horizontal) scale automatically when you change the zoom level.

Alternatively, use the hotkeys “+” and “-” for zoom in and zoom out respectively.

Chart Type

There are six chart types available in cTrader:

  • The Bar Chart (OHLC) –
    Provides the opening, closing, high, and low prices for the selected time frame in the form of bars.

  • The Candlesticks Chart –
    Composed of a series of open-high-low-close (OHLC) candles set apart by a time series. Candlesticks chart is considered the most popular chart type, but you can check out any type to find out which one works better for you in a particular situation.

  • The Dots Chart –
    Displays only the closing prices for the selected time frame as dots.

  • The Heikin Ashi Chart –
    Displays only the closing prices for the selected time frame as dots.

  • The HLC Chart –
    Displays only the closing prices for the selected time frame as dots.

  • The Line Chart –
    Displays only the closing prices for the selected time frame as dots.

Hover over the corresponding button (Candlesticks by default) in the chart, and select another chart type from the submenu. Alternatively, right-click anywhere on the chart and select Chart Type from the drop-down.

Alternatively, use the shortcut Ctrl+1, Ctrl+2, and Ctrl+3 to switch between the Bar, Candlestick, and Line chart respectively.

Indicators

The Indicators are special tools that are used for the trading technical analysis. An Indicator performs certain mathematical calculations based on the price and/or volume of the symbol over the time.

There are 58 built-in standard indicators in cTrader. They are sorted by groups depending on their function: Trend, Oscillator, Volatility, Volume, and Other.

Add Indicator

Hover over the Indicators button, then hover over the group of Indicators from the drop-down and click on the desired Indicator.

The Indicator menu will pop up. Here you can customize the indicator line color, thickness, and set the Indicator Time Frame. When done, click OK to apply changes and add the indicator to the chart.

Alternatively, use right-click directly on the chart to proceed to the Indicator menu.

Note that some of the Indicators appear directly in the chart and the others below it, in the separate chart area.

Modifying and Removing Indicator

To modify an indicator, hover over the Objects icon () and select the desired indicator from the drop-down. The selected indicator will be highlighted on the chart and the Indicator menu will pop-up. Modify your indicator and click Ok to save changes. Alternatively, click ‘x’ to remove the desired indicator from the chart.

If you would like to modify or remove an indicator located in its separate area below the chart, right-click on the indicator area and select Modify Indicator from the drop-down. The Indicator menu will pop up. Edit your Indicator and click Ok to apply changes. Alternatively, click Delete Indicator to delete it from the chart.

Chart Object

cTrader provides the suite of various chart objects for better trading and deeper analysis. Check the Line Studies and Chart Objects section of this documentation for the detailed description of how to use them. The Objects button of the Chart Favourites panel allows to access and manage those objects from the chart.

Click the Objects button to get to the full list of the Indicators and Chart Object placed on the chart. Click ‘x” next to the desired object to remove it from the chart or Remove All to remove all the objects and indicators at a time.

Alternatively, you can select an object in the chart and press Del on your keyboard to remove it.

Note that as long as you haven’t added any objects to the chart, no objects will be displayed in the Objects drop-down.

Chart Templates

The Chart Templates allow quickly changing various chart settings and viewing options simply by changing the template. There are three chart templates available by default:

  • Volatility – optimized for analyzing the volatility (Candlesticks, medium scale, Bollinger Bands, and Standard Deviation Indicators enabled).
  • Trend – optimized for analyzing the trend (Line Chart, small scale);
  • Range – optimized for analyzing the price range (Candlesticks, medium scale, Relative Strength Index Indicator, Stochastic Indicator, and tick volume enabled);

The default template is Candlesticks, medium scale, no Indicators.

To change the chart template, hover over the Chart Template button, and check the desired template. The selected template will be applied to all new charts being opened.

Custom Chart Templates

cTrader allows creating as many custom chart templates as you need. To save all the various chart settings as a new template, hover over the Chart Template button, click Save Template, then type in the template name, and click Save.

To save changes to an existing template, hover over the Chart Template button, click Save Template, then click on the existing template, click Save, and confirm the overwrite.

Note that you cannot edit the Default template.

To delete a template, hover over the Chart Template button, and click the ‘x’ next to the template you would like to delete.

Time Frames

A Tick is a change in the price of a symbol on the market. The real price fluctuates constantly, depending on your trading strategy, you do not necessarily need to see each and every market tick. cTrader can build charts based on time or the number of ticks. By default, the chart is built based on 1-hour time frame () and several time frame options are available in the Favourites Panel. Click on any of them to apply it to the chart immediately.

Click the Time Frame button to the top of the chart to see all the available time Frames - both Standard and Ticks. Mark the desired items (Time Frames from 1 minute to 1 month, or the number of ticks from 1 to 1000) to enable their quick access buttons directly from the Favourites Panel.

The buttons actually show the current time frame or the number of ticks in its title. For example, T10 () means Tick chart, 10 ticks.

Use the Up and Down arrow keys on your keyboard to switch the timeframes.

Countdown box

cTrader shows live countdown to the next bar/line/point/candlestick in time units or ticks. Find the countdown box () on the time axis at the bottom of the chart.