Martin Armstrong Cycles
- Indikatoren
- Carl Gustav Johan Ekstrom
- Version: 1.50
- Aktualisiert: 8 April 2024
- Aktivierungen: 20
Martin Armstrong Cycles employs an unconventional form of technical analysis on your charts aimed at capturing market angles, swift market movements, price reversals, and early trend shifts. I strongly advise all traders to integrate cyclical analysis into their charting methods, as it unveils the inherent rhythms of markets. Every element in the universe follows a cycle, and so does price!
Analytical Benefits of Cyclical Analysis
- The angle of the cycle provides a roadmap for anticipating future market movements.
- A steeper angle indicates a higher likelihood of rapid market rallies or declines.
- The Break-Line denotes the cyclical boundaries of price—a critical pressure point in the market.
- A break of the Break-Line suggests a high probability of swift market movements, either upwards or downwards.
- Reversals signal potential breakouts in either direction.
- Buy/sell signals occur when price closes beyond a reversal point.
- Trap Plays happen when price breaks a reversal but promptly retreats, engulfing the breakout bar, resulting in a mass exit.
- Trap Plays boast the highest success rate among 80,000 different patterns.
- Price Flip 9 alerts to potential directional shifts.
- A Buy Setup emerges after nine consecutive closes lower than the close four bars earlier.
- Conversely, for a Sell Setup, nine consecutive closes higher than the close four bars earlier are required.
- Countdown 13 calculates trend duration to pinpoint its fading point and the emergence of a new cycle.
- The associated risk level with Price Flip 9 and Countdown 13 defines the threshold at which price may reverse.
- Visual description: https://www.mql5.com/en/blogs/post/748769
Parameters
- Show Reversal Signal: True/False
- Buy Signal: Lime
- Sell Signal: MediumOrchid
- Bullish Reversal: Lime
- Bearish Reversal: MediumOrchid
- Show Trap Play: True/False
- Trap Play: Aqua
- Reversal Font Size: 10
- Show TD Combo: True/False
- Extend TD Risk Level: True/False
- TD Font Size: 12
- Show TD Setup: True/False
- TD Buy Setup: Bisque
- TD Sell Setup: Pink
- Show TD Countdown: True/False
- TD Buy Countdow: LawnGreen
- TD Sell Countdown: Tomato
After almost 5 months using and discovering the indicator, I can say that it is an extraordinary tool, it is not the traditional approach, the signals it offers are very very precise if you learn to identify the good ones, the communication with the creator is excellent, it will solve you any concern. The indicator does not come alone, with the purchase you receive a lot of super interesting educational, informative material, the history of where the indicator comes from is simply captivating :)