Trading Cycle Array MT5
- Indicators
- Carl Gustav Johan Ekstrom
- Version: 1.20
- Updated: 10 August 2024
- Activations: 5
This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends.
- Bullish: 7-11-14-21 time units
- Bearish: 2-3-5-6-10-12-18 time units
Bullish trading cycles originate from a market low, whereas bearish trading cycles begin from a market high. The Trading Cycles Model quantifies the bullish and bearish predictions that fall on a particular time unit.
Through the Trading Cycles Model, we can quantify both bullish and bearish predictions within specific time units, providing a comprehensive view of market trends. By leveraging this tool, we can make more informed decisions and navigate the complexities of financial markets with greater confidence.
You can utilize this indicator across various time frames, although I suggest adhering to the daily, weekly, and monthly intervals as advised by Martin.
Parameters
- Bars Look-Back: 100
Market cycles are key and this is of great use. Author has one of a kind indicators and provides a lot of help. Can't thank him enough for all resources he has provided to give great understanding on how market moves.