Throughout his career, he also created several indicators and systems, and you can get all of them in this cTrader indicator package.įor those that are fans of Larry Williams and want to use his methods, this is a must-have. In 1987, Larry Williams won the World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (11,300 %). Larry Williams is a professional legendary trader. The correlation indicator allows you to compare two instruments so you will quickly see their historical and current correlation. Therefore if you are wrong on one trade, you are most likely wrong on the second one as well which can lead to a much bigger loss than planned. You are taking the same bet as these two pairs are highly correlated and will most likely move together. You can watch those currencies that are extremely strong or weak and look for a potential reversal.Ĭompared to the classic indicator, you will find the Forex Heat Map panel in the cBot section which is located right below the indicator button on the left panel.ĭo you know what happens when you long EUR/USD and short USD/CHF at the same time? It almost completely eliminates lag and improves smoothing at the same time.ĭepends on the settings, it offers a great intraday, but also a long-term moving average that helps traders staying in trends as long as possible.įorex heatmap panel tracks 9 currencies and shows strength and weakness against each other. Hull moving average is a very popular indicator used by many traders.ĭeveloped by Allan Hull, HMA offers a very fast and smooth moving average.
#Ctrader indicator install#
Once you install the indicator, you will find it in the indicator tab on the left side panel. For installing downloaded cTrader indicators, all you have to do is double-click the downloaded file and they will install automatically.