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

Applicability of Stock Market Products and Services

This article provokes your thoughts on the applicability of stock market advice, products and services as it relates to your stock market trading (success).

The Candlestick Period or Timeframe

This article covers the candlestick period or timeframe and its relevance to candlestick technical analysis.

Candlestick Technical Analysis : An Introduction

This article provides an introduction to Japanese candlesticks what they are, how they are used in charting and the technical analysis of candlestick patterns.

Rule of Thumb on How Much Loss to Take

This article provides insights into how to manage how much loss to take in stock trading.

Trading on Support and Resistance plus Trend Reversals

This article examines the technical analysis indicators for support and resistance and trend reversals. Knowing how to identify and apply these will translate into a valuable tool for your trading success.



POVRay Chado



Birthdays are good for your health. Studies have shown that people who have more birthdays live longer.

Share / Save
Provide Feedback

Share / Save    Provide Feedback