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

The Candlestick Period or Timeframe

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

Execute Winning Trades and Boost Your Trading Success

This article examines the elements of successful stock trading. A stock trading method to execute winning trades and to achieve trading success. A trend following system based on candlestick technical analysis.

Hot Technology Stocks (Dec/2010)

Here are two technology stocks that picked up a lot of attention in year 2010 in contrast to one that did not.

Impact of Personality Influences on Stock Trading

This article examines the impact of personality influences on stock trading activities and what can be done to control such influences on stock trading.

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.



Edelweiss piano



Any month that starts on a Sunday will have a Friday the 13th in it.

Share / Save
Provide Feedback

Share / Save    Provide Feedback