New version of cTrader Web adds Pencil Tool & Line Study extension

Maria Nikolova

cTrader Web 3.4 offers more analytical flexibility thanks to the Pencil Tool and fresh extensions of the Line Study Tools.

Fintech expert Spotware Systems has earlier today unveiled a set of enhancements available in the latest version of cTrader Web.

cTrader Web 3.4 adds Pencil Tool, which allows traders to draw shapes and objects of their choosing on charts in any chart mode by means of a pen cursor. Used to free-form draw on, or annotate a chart, the Pencil Tool is not bound to a specific shape like most other drawing tools, and allows one to make notes directly on the chart when setting up a trade, which proves useful for reviewal purposes.

The platform introduces new Line Study Tools which offer traders extra convenience and a personalized aspect to the toolset. Among the provided options, new additions include: Color Picker with opacity settings and Line Thickness Selector.

New options can be accessed through the Line Study Toolbar or object settings, which are unfolded by means of a left-click on the object in question.

The Active Symbol Panel’s Trading Central window has seen the addition of Trading Central Targets. As of now, one can not only trade directly from the panel, switch intraday and short-term trading modes, open the chart and gain insights by unfolding the “See more”, but also use Targets for decision making.

Additionally, two new hotkeys have been added for further ease of operation:

  • Ctrl + F – to switch between Watchlists and Finder;
  • Ctrl + Drag – to duplicate an object.

There are also cTrader Copy 3.4 updates. These are tailored for intuitive platform operation.

The Details section of Copy Trading Account has been updated to include date and time of copying start. Thanks to this enhancement, users can easily track when performance and management fees will be charged.

Let’s also note that the Add Funds dialog and Remove Funds dialog have been modified to include an Add/Remove All Funds option. This way, all available funds can now be added or removed with a click of a button, instead of manual number insertion, simplifying the procedure and saving user time.

Earlier this month, an updated version of the cTrader mobile app was released. Stop Loss and Take Profit can now be added to positions & orders, and pending orders can be amended by drag & drop directly on the chart. Further, the Trend Line and Ray are improved, with precise moving of the edges. In addition, charts can now be scrolled to the future, for technical analysis purposes.

Read this next

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

<