Cappuccino Limited, an analytical advisor for stock trading
As per tradition, today we're publishing another interesting script that doesn't trade itself, but rather helps you open profitable trades.
The main function of Cappuccino Limited is to analyze an asset and provide the trader with analytical information on the selected asset.
As you know, prices in the financial market are determined by the struggle between buyers and sellers. These participants can include other investors, large funds, market makers, and trading robots.
The advisor is completely universal, so it is suitable for trading virtually any asset from the MetaTrader 5 trading platform.
To improve trading efficiency, Cappuccino offers five tools. These tools are complementary, each addressing a specific market characteristic:
Time and Trades - statistics of recent exchange trades. Shows the number of trades and the ratio of buy and sell orders.
The Offer Book displays the investor's intentions, whether to buy or sell. The information is presented as a list and chart, with a visible distinction between buyers and sellers. (I found the window to be a bit clunky.)
The market overview shows how asset prices are performing. You can observe price movements at different points in time.
In addition, it is possible to simultaneously analyze other assets that are relevant to your trade.
The Last Minute Display shows the asset's price action and volumes over the past few minutes. Its primary function is to identify how much the asset's trading volume differs from the current average.
The information grouping module analyzes price and volume movements from different perspectives. This includes grouping by time, real volume, tick volume, and price or Renko chart changes.
The module is the heart of Cappuccino. It contains a variety of built-in tools, such as: Moving Average, Stochastic , MACD, Parabolic SAR, Bollinger Bands, Risk Manager, Candlestick Volume Charts divided by buy and sell attacks, Volume Delta and Delta Accumulation, Color Rules, Point of Control, Imbalance, and Delta Divergence.
Speaking of settings, there are very few of them:
Before installation, only the interval in days on which the analysis will be performed is specified. All settings are made after running the script for each individual window.
The Cappuccino Limited version presented here is a demo version. However, Cappuccino will work without any restrictions for one month.
In my opinion, Cappuccino limited is a pretty interesting tool, although to get maximum efficiency you will have to work a little with its settings.
