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cTrader’s Innovation Goes Beyond MetaTrader

February 6, 2014 (Last updated on December 3, 2016) by

Half a year has passed since my last overview of the new features in a cTrader platform. Spotware continued to nourish its child, and now cTrader provides something that MetaTrader (all versions) still lack — normal tick charts.

cTrader tick charts fully support indicators, chart objects and even expert advisors (robots). In addition to traditional 1-tick charts, a trader may choose to switch to aggregated tick charts (from 2 to 10, 13, 21, 34 and 55 ticks).

Ichimoku Kinko Hyo on cTrader Tick Chart

Other important changes to the trading platform include:

  • Partial take-profit to scale out of the positions in several stages.
  • In addition to tick charts, M6 and M20 timeframes are now available.
  • It is not necessary to launch cAlgo in order to run robots — they can be attached to chart directly in cTrader. Though you still need cAlgo to modify trading robots.
  • Dot charts can now be used if you are tired of the traditional lines, bars and candlesticks.
  • You can now turn off particular lines of the indicator (e.g. remove the Tenkan-sen line of the Ichimoku Kinko Hyo indicator). This feature has been present in MetaTrader for a long time.

As you can see, cTrader gradually goes away from being a kind of MetaTrader replica and becomes even better in such important aspects as chart types. While MetaQuotes Software is more concerned with reaping commissions from its market and jobs services, Spotware is preoccupied with conquering its market share, which results in such nice features as those listed above.

If you have want to share some comments regarding what you like or dislike in cTrader, please feel free to post them using the commentary form below.

2 Responses to “cTrader’s Innovation Goes Beyond MetaTrader”

  1. cTrader is dead

    “While MetaQuotes Software is more concerned with reaping commissions from its market and jobs services, Spotware is preoccupied with conquering its market share, which results in such nice features as those listed above.”

    What a bunch of bull… why dont you tell us how cTrader is doing now?

    Regards, who’s next!?

    Reply

    Andriy Moraru Reply:

    And how is it doing now? To me it is doing the same as it was doing a week ago.

    Reply

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