What is Ctabs?

Ctabs stands for Candlestick Technical Analysis Buy/Sell. The Ctabs implementation is copyrighted by igtsoft.com. The development of the system was motivated by the desire to seek technical analysis methods to increase trading performance. Many different technical analysis approaches were examined and candlestick technical analysis became a focus.

Much experimentation occurred including the use of weekly, monthly and even minute historical data; the analysis of volume; gap up/down analysis; correlation of candlestick technical analysis with other technical analysis methods such as different types of Moving Averages, Moving Average Convergence Divergence, Relative Strength Index, Money Flow Indicator, Bollinger Band Indicator, Stochastic Oscillator, to name just a few. Trend following and trend reversal methods were also explored.

Within the scope of candlestick technical analysis, various candlestick patterns and various tolerances were examined to gauge their effectiveness. By tolerances, we mean things like how big does the candlestick have to be in order to be considered a Hammer. The research and experimentation led to the Feb/2007 completion of the Ctabs algorithm which is a specific interpretation of the general candlestick technical analysis method.

Traders have different risk-reward orientations. Traders have different time horizons for their trades. Traders use different kinds of tools and resources to help with their trading. Ctabs is an effective tool which contributes to trading success for all stock market traders.

Page 1 of 13
  Previous
  Next
More you might like

Recognizing and Interpreting Candlestick Patterns

This article covers two approaches to dealing with candlestick technical analysis. The trader can learn the candlestick patterns, the situations in which they translate into trend reversals, and apply the analysis to trading decisions. Or the trader can use the assistance of software.

Stock Market Pulse and Sentiment Q1/2009

This article takes a snapshot view of the stock market pulse and sentiment as a heads-up for stock market outlook.

Ranting on Stock Market Day Trading (March/2009)

This article covers my ranting on stock market day trading in the month of March/2009. Main lessons learned are listed to be remembered.

Seeking Penny Stock Picks, Finding Amusing Material

This article covers the experience of seeking trust-worthy sources of information on penny stock picks where amusing and incredulous material was encountered.

Stock Trading in Private Companies

Buying and selling of private company shares in secondary market exchanges.



Visit the Camera Guy
to shoot your photos and videos.

POVRay The Preacher



If GM had kept up with technology like the computer industry has, we would all be driving $25 cars that got 1000 MPG. - Bill Gates

Share / Save
Provide Feedback

Share / Save    Provide Feedback