yefahej464
03 Feb 2021, 04:02 ( Updated at: 21 Dec 2023, 09:22 )

Round number indicator

You can't find it online. It's a private indicator I have had programmed as a custom order. Text me on shourai2100@gmail.com if you want it. 

I can't imagine trading without round numbers. Have a look at how the market is reacting to it. Of course, it's not a holy grail and some pairs are reacting to RN more than others, but it's a big edge for me. You can get also great RRR around round numbers because markets are often reacting to it within 6 pips SL and make around 20 pips. If the market goes through it strongly, it often tests the RN from the opposite side so you can make a FLIP trade and fastly recover the loss. 

Market often reacts 3 pips before RN, so trading just on the RN is not the best way. You have to do your backtest, statistics, and observations when the level is likely to be broken etc... For example I don't trade CHF and some other pairs, I don't trade at the beginning of US session and in the middle of the first hour of Frankfurt session (one hour before London open).

If there is a long consolidation for a long time, market often runs in one way after that, so it's better to stay away and wait for a flip trades or more distant RNLs and so on... :) 

I'm a daytrader trading on 5m chart and my TP is around 20 pips, so have no idea how RN levels are working on higher TFs aiming for many pips. 

yefahej464
28 Jan 2021, 03:46

cTrader pleeeease :)

yefahej464
28 Jan 2021, 03:45

RE:

A simple hotkey for the Price alert BELL button would mean the world for me... :) 

choudhym01 said:

I would mean the world if c trader could create a hot key to open the price alert window 

Thank You 

yefahej464
28 Jan 2021, 03:43

RE:

Not sure what do you mean, but I have an indicator that plots lines on round numbers 1000, 100. 50, 25 and you can set your own parameters.  

5555577 said:

A possibility to set round number grid at any adjusted interval

yefahej464
28 Jan 2021, 03:41

RE:

Yes, it is mind-boggling and with cTrader 4.0 it won't get that much better. I really wonder who decided that some of these shortcuts already done are more important than for example drawing tools or alerts shortcut. 

cTrader - how about some survey on what kind of shortcuts would your users mostly want? You can use your Telegram account and get straight feedback. 

mahesicaplan said:

I am finding the idea of leaving jforex almost impossible because there are so many poorly implemented features in ctrader IMO  -

In this instance, the HOTKEYS seem to be imposed on us as a pre-ordained set of options 

It is mind-boggling to me that there are no hotkeys for the drawing tools - if you have never used that feature you don't know what your missing - I find the hotkeys on offer in Ctrader mostly useless - they do not suit me at all - why are they imposed? - in jforex you can hotkey anything and everything - so you can be creative - I really struggle with platforms that decide for you how you're supposed to trade.