23/06/2026
Built a Price Efficiency Ratio indicator for cTrader using Xen AI.
This indicator measures how efficiently the price moves by comparing net price movement to the total distance travelled. High readings indicate strong directional trends, while low readings highlight choppy and inefficient market conditions.
Key features:
• Efficiency Ratio oscillator (0 to 100)
• Trend Efficiency Score
• Bullish and Bearish efficiency analysis
• Efficiency Heat Zones
• Choppy Market detection
• Signal line smoothing
• Optional alerts
The indicator can be used as a market-condition filter to help avoid low-quality trading environments before applying trend-following, breakout, or momentum strategies.
Watch the build video:
https://youtu.be/sQ8EbhJrtnQ
Download free indicator:
https://clickalgo.com/price-efficiency-ratio
Start building your own cTrader indicators with Xen AI:
https://ai.clickalgo.com
Learn how to build a Price Efficiency Ratio indicator for cTrader u...