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The latest version of cTrader Web 4.5 brings a range of updates for all cTrader users, catering to both beginners and experienced traders. The new Guest Mode feature allows users to experience the cTrader Web environment without the need to register. Experienced traders will benefit from the new Signal Links feature, which allows them to increase engagement with their audience by sharing forex signals. Additionally, cTrader Web 4.5 includes new chart additions and improvements to cTrader Copy, making it even more user-friendly and efficient.
cTrader’s copy trading capabilities, allowing beginner users to copy advanced traders, has undergone several improvements to enhance user experience, including:
- Improved UI of the strategy page for better clarity and ease of use
- Simplified process for copying, resuming copying, and adding funds to a strategy
- Trading accounts in the account selector now display the copying status (Started, Stopping, or Stopped)
- Option to automatically add new copied strategies to Favorites for added convenience.
cTrader Guest Mode
The new Guest Mode feature in cTrader Web 4.5 allows users to experience the platform and its features without the need to register. This means that users can try out cTrader Web before committing to becoming a member of the cTrader club. Non-registered users can access a range of features such as checking the market, viewing real-time price points, viewing copy strategies, reading financial news, viewing the economic calendar and more. This feature allows you to share the link to cTrader Web with friends, and they will be able to start using the platform right away without the need to register.
The new version of cTrader Web 4.5 now allows users to interact with indicators directly on the chart for added convenience. Indicators are displayed as panels in the top left corner of the chart, and the settings of all active indicators can now be accessed with a single click. This makes it easy for traders to manage and adjust their indicators as needed. Additionally, traders can now hide or delete indicators directly from the chart, providing a more streamlined and efficient trading experience.
Renko is a chart type that is named after the Japanese word “renga” which means “brick”. Unlike traditional charts, Renko charts ignore time and are based solely on price. The chart builds a bar when the price increases or decreases by a certain number of pips. In cTrader, the Renko chart can be found in the Timeframes section above the charts area. It can be useful for traders who want to focus on the price action and ignore the time element.
The range bar chart is similar to the Renko chart in that it is not time-based and its movement is based solely on price. The difference between the two is that the range bar chart is based on a fixed range of pips from the opening price of a bar. The bar will be closed and a new one will be opened if the price moves more than the given range of pips. In cTrader, the range bar chart can be found in the Timeframes section above the charts area. This type of chart can be useful for traders who want to focus on short-term price movements and filter out the noise in the market.
cTraader platform is offered by a number of brokers, including FxPro, IC Markets, Pepperstone, Skilling, Fondex, TradeView, Axiory and FxPrimus.