cTrader Tutorial

Basic guide to start trading with cTrader.

Hyperion Markets avatar
Written by Hyperion Markets
Updated over a week ago

Overview

cTrader is a fast and efficient trading platform designed for instant order execution and direct market access. With cutting-edge technology, cTrader enables traders to execute trades quickly and without delays, allowing them to seize real-time market opportunities.


Getting Started

When you join Hyperion Markets and create an account, whether it's a Demo, ECN, ECN Premium, or Standard account, you'll receive a cTrader account to begin trading. In our upcoming guide, we'll walk you through logging into the platform and provide a basic overview of how this trading platform operates.


Step 1: Configuring your cTrader credentials

Once you proceed to create your trading account (Follow these steps to create your Trading account in Hyperion Markets), you will receive an email from Hyperion Markets confirming that your account has been successfully created and credentials will be provided. These credentials will not be used; you will also receive an email from cTrader confirming that a new account has been created, from here;

  • If you've never had a cTrader account before, cTrader will prompt you to create a password. Once you've created it, simply log in as usual with your email or cTrader ID and your password.

  • If you've used cTrader before, just log in with your email address or cTrader ID and your password.

💡 cTrader ID (cTID) is a set of credentials used for signing in across all cTrader platforms across different brokers by using a single unified account. A cTrader ID is different from a trading account and it’s important to understand the difference. A cTrader ID is a username and an associated password.


Refer to this article for more info: cTrader ID

When setting up your credentials, you will also find in the same email the platforms where the cTrader application for Hyperion Market is located. You can download it on your mobile devices, use the web version, or download it on your desktop or Mac.

With your preferred terminal downloaded or the web version started, you'll be able to access all your cTrader accounts from one place.

Step 2: Getting to Know the cTrader Terminal


Change the chart colors

Launch cTrader and navigate to the desired chart. Next, right-click on the chart to unveil a variety of customization options.

The "Colour Options" tab allows you to personalize the colors of various chart elements.

Once you've made the desired changes, you can save them by clicking on "Template," then selecting "Save Template," where you can input the desired name and save it for future access. You can create multiple templates with the designs you prefer.


Change the layout

To do this, we'll utilize the tools bar and click on what appears to be four squares.

This will allow it to appear as follows, where you can track up to 5 pairs simultaneously:


How to open trades

There are several ways to create orders in the cTrader:

  • By clicking the "New Order" button located at the top left corner.

  • By using Buy or Sell QuickTrade buttons to the top of the chart of the desired symbol, this is for markets orders only.

  • By using the New Order form in the Order tab of the Active Symbol Panel (ASP) to the right.

  • By clicking the "New Order" button located in the positions and orders tab.

  • By pressing F9 on the keyboard.


Setting up stop loss and take profit

On cTrader, you have the option to set a stop loss and take profit either during trade initiation or afterward.

When initiating a trade, navigate to the New Order window. Here, mark the checkboxes for Stop Loss and Take Profit, situated under the volume settings for the order. Enabling these checkboxes will reveal settings for defining the stop loss and take profit levels. You can adjust these levels based on pips, price, balance, or profit.

If you wish to set these levels for an already open trade, locate the Positions window. Either double-click on the order or right-click and choose "Modify Position".

A window will appear, allowing you to modify your order by specifying a stop loss and take profit. Check the appropriate boxes for stop loss and take profit, then set the levels using the same criteria. Finally, click "Protect" to confirm the adjustments.

Another method for setting up a take profit or stop loss on cTrader is by hovering your cursor over the specific order you wish to adjust directly on the chart. Click and hold the mouse button while dragging the level up or down to adjust it to the desired price. Once you are satisfied with the new level, release the mouse button to confirm the adjustment.



Adding Indicators

To add indicators in cTrader, simply open the platform and select the chart where you want to add the indicator. Then, click on the "Indicators" icon at the top of the screen, usually represented by an "f". A list of available indicators will appear, and you can browse through them to find the one you want.

Once selected, the indicator will appear on the chart. Depending on the indicator chosen, a pop-up window may appear where you can adjust specific settings such as periods or colors. After adjusting the settings to your preferences, click "OK" to confirm and add the indicator to the chart.



Useful shortcuts for navigation

Utilize the following shortcuts to navigate efficiently:

  • Ctrl+K - toggle the Ask price line.

  • Ctrl+B - toggle the Bid price line.

  • Ctrl+G - toggle the chart background grid.

  • - scroll left by 2 trend bars.

  • - scroll right by 2 trend bars.

  • - switch to the previous timeframe.

  • - switch to the next timeframe.

  • (+) / (-) - zoom in or out.

  • F2 - Switch Chart Mode

  • F3 - Switch Layout

  • Ctrl + 1 - Bar Chart

  • Ctrl + 2 - Candlestick Chart

  • Ctrl + 3 - Line Chart

💡 If you want to discover more about other features regarding cTrader, refer to their website here: https://help.ctrader.com/

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