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Cycle = space (price) time.

Space, because one cycle starts with a minimum, reaches a maximum, and ends with another minimum. Time, because it takes X minutes/hours/days from the minimum opening to the minimum closing. The market is the sum of all the cycles in the universe (which affect our lives, as well as the market). The cycles have different durations and, as a rule, one cycle contains 4 smaller cycles with the same duration.

Thus, the difference between two different cycles is always equal to the duration (periods), the longer the cycle lasts, the more it will move the price.

This indicator easily takes one large cycle (Cycle8X) and shows buy signals on the first cycle, which is 8 times smaller (cycleX); the same is true for the sell signal.

This indicator uses stochastics, moving averages, daily range, and pivot points to give you the best entry prices and stop loss levels. This indicator never gives a take profit level. The trader decides for himself where he wants to make a profit.

The indicator gives the best signals when there is a trend in the market, but requires strict capital management so that traders can protect themselves in the absence of a trend.

This indicator generates a new signal at the end of each cycle and at the beginning of each cycle. The signals can be used for both short-term scalping and long-term trading, depending on your strategy.

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This indicator also shows the break-even line when there are several trades on the chart, showing the break-even level of all trades.

This system works on all pairs and is best on the H1 and H4 timeframes.

Avoid signals caused by price spikes (BAD SIGNALS): I took a screenshot of this.

ALWAYS WAIT FOR THE PRICE TO CROSS THE ENTRY LINE (SOLID LINE) BEFORE OPENING A TRADE

Avoid signals caused by price spikes (BAD SIGNALS): I took a screenshot of this.

ALWAYS WAIT FOR THE PRICE TO CROSS THE ENTRY LINE (SOLID LINE) BEFORE OPENING A TRADE

You can set the number of days during which the old signals will remain on the chart: numberOfDays: 200(default)

The indicator is also equipped with PUSHnotifications to EMAIL andPHONE, there are also alerts on the chart, for which you can set up a sound signal.

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Published

18 March 2016

Updated

Current Version

1.0

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