Latest version of cTrader Mobile app offers more functionality for charting, order creation

Maria Nikolova

In addition to previously introduced horizontal, vertical or trend lines, in the new cTrader Mobile 3.1, traders can now also draw Ray, Equidistant Channel, and Fibonacci Retracement on charts.

Fintech expert Spotware Systems has released a new version (3.1) of cTrader Mobile Beta, with the app now offering traders more functionality for charting and order creation.

  • New User Drawings Support

In addition to previously introduced horizontal, vertical or trend lines, in the new cTrader Mobile 3.1 traders can now also draw Ray, Equidistant Channel, and Fibonacci Retracement on charts.

  • User Drawings Style Choice

The new version of cTrader Mobile adds more personalization options allowing traders to choose preferred color, width, and dash for their drawings on charts.

  • Pending Orders with SL/TP Improvement

In cTrader Mobile 3.1, the estimated price is now shown along with pips when creating the SL/TP for Pending order.

Let’s recall that version 3.0 of the solution provided support of user drawings on charts. On top of that, that version enabled traders to personalize their charts by choosing the preferred color of indicators. Chart zoom was also enhanced, so that traders can see the whole picture as the app allows to zoom out of charts 3-4 times further compared to the previous version.

The preceding version of the application (2.9) also came with a set of enhancements, including new chart type “Area”, Pipsometer (chart measuring tool) and social sharing functionality. Thanks to the pipsometer tool, traders can precisely measure pip distance on charts. Moreover, it clings to Open High Low Close of candles which makes the measurement very easy.

Speaking of innovation concerning cTrader, let’s note the recent launch of cTrader Copy. The new copy trading service functions as a flexible investment program and a fully integrated feature of cTrader Web 3.0. It replaces cMirror.

The new copying model is based on Equity-to-Equity Ratio where the volume to be copied is defined according to the Strategy Provider’s and Investor’s Equity. The system automatically recalculates the volume of Investor’s positions to adjust it to equity to equity ratio, taking into account any allocated amount changes due to the deposits and withdrawals of both parties. This results in position sizes of the Strategy Provider and Investor being relative to the resources which each party has or has allocated to the strategy.

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