The automation of trading operations is the real way to solve the problem of the human interference factor in the trading process. There are so many cases when traders willy-nilly deviate from the actual written rules of the trading strategy, relying on their intuition and experience. Thus, an ideally profitable strategy, tested on historical data, is far from the results we get in real trading.
Do you think the root of the evil lies in a broker, in a strategy tester, in the order execution speed, or other similar things? No, it is all our doing.
For example, when trading with ECN technology, where there is no conflict of interest between a broker and a trader, the order execution speed and the size of the spread are truly impressive, but in the course of real trading, you get a completely different result than the one you would get in other conditions, such as in the testing of historical quotes.
That is where cTrader, together with its cAlgo app, can be considered as a highly effective solution. cTrader operates using the STP technology, with an end-to-end automated processing of orders – for purchase and sale – , without third parties interference. This eliminates the risk of orders manipulation. The platform is suitable for intraday trading, due to the availability of customizable minute timeframes and to the ability of making transactions in just one click. cTrader does not have the functionality of Dealing desk, so this guarantees instant execution of orders without slipping, including high-frequency trading systems.
At the initial stage, many traders were very upset about the impossibility of creating automatic trading strategies in cTrader. Luckily, over the time, some ingenious developers got rid of this drawback through the advanced cAlgo application, which complements and improves the ECN functionality of the cTrader platform, allowing traders to use various automatic algorithms and simple robots. Nowadays, this software provides also a convenient editor: with it, professional programmers can write the most complicated algorithms in C #.
One of the most helpful features of this editor is the possibility to create cAlgo indicators. These indicators allow traders to visually analyze the market through an accurate technical analysis. In this way, you can determine the outgrowth of a certain trend, or its reversal. Possessing such a valuable knowledge, finally, will make it possible for you to make a lucrative deal, avoiding any possible loss.
The wide range of cAlgo indicators is impressive. Ichimoku, Impulse CD, CenterOfGravity, iVAR, Pivot Points, — this is just the beginning of the list. At Nordman Algorithms, we have a passion for advanced trading software development that revolutionizes the way we interact with financial markets. Within our expertise, you will find the implementation of classic cAlgo indicators and custom cTrader indicators. The main advantage of custom indicators is that you get a unique tool that perfectly – and completely – matches your core goals and trading strategy.
We can help you realizing these trading targets:
Identification of the main pivot points, with no delays;
Determination whether a particular instrument (a currency pair) is in a trend or not;
Calculation of average values and their fluctuations – High/Low/Close;
Determination of a current trend and its stability;
Avoidance of high impact news events;
Many other things.
If you want to get a free quote and a time estimation for the implementation of your cAlgo Custom Indicator idea, please feel free to contact us, describing your project in detail.