Forex and CFD technology solutions provider Spotware Systems has announced the merger of cAlgo with cTrader Desktop in version 3.0 of the popular trading platform. Now cAlgo has become the integral part of cTrader and is renamed to cTrader Automate.
We had exclusively reported back in May that Spotware had started rolling out the new cTrader 3.0 to brokers, with both cTrader and cAlgo becoming modules of cTrader 3.0 and renamed to cTrader Trade and cTrader Automate, respectively.
cTrader Automate is an all-inclusive algorithmic trading solution which allows algo developers to build automated trading robots and custom indicators in the popular C# language using the highly functional cTrader’s Automate API.
Panagiotis Charalampous, Spotware
Commenting on this merger, Panagiotis Charalampous, Head of Community Management at Spotware, said:
cTrader Automate was designed as a highly productive and efficient tool, equipped with everything necessary to properly back test and optimize your trading strategies. And as a natively integrated app of cTrader, you have access to all other functionality of the platform.
The company said that cTrader Automate has many great features. The universal C# language and built-in editor makes coding very easy and hassle-free. It offers variety of tools for trading Forex and CFDs, allowing to incorporate as much details as possible in the trading strategies. Its advanced back testing and optimization capabilities allow to measure and improve the trading performance, while the access to the extensive online library of resources and community of traders, developers, financial experts and consultants provide users with maximum support.