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Cycle Low Indicator

Doing things and doing trading are time-sensitive, geographical and people-friendly. Usually, most of the time we only care about which price to open a position, which price to stop losses, and which price to stop earnings, which is called geographical advantage. Little attention is paid to when to open  a position, stop losses and stop earnings, which is called Tianshi.



This indicator can help you find out when to do trading, when to turn off the computer to accompany your family, travel, and play.



Whether you are a chart trader, a trend trader, an intraday short-term trader, or a scalp trader, I believe this indicator will be of great help to you.



For example, when drawing a trend line to connect the lows in the corresponding time frame, this time you will find the trend line more interesting.



I won't go into any more details here. You can find other interesting uses of this indicator according to your trading strategy.



Indicators do not have external parameters, and the results will not be inconsistent according to the number of backtracking columns. All the conditions used are entirely from the market, that is, the market will always follow the steps of the market.
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Eric John Pajarillaga Aldana
4.61 (18)
TakePropips Donchian Trend Pro   (MT4) est un outil puissant et efficace qui détecte automatiquement la direction de la tendance à l'aide du canal Donchian et vous fournit des signaux de trading d'entrée et de sortie ! Cet indicateur multifonction comprend un scanner de tendance, des signaux de trading, un panneau statistique, un filtre, des sessions de trading et un tableau de bord de l'historique des alertes. Il est conçu pour vous fournir des signaux de trading et vous faire gagner des heures
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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The high and low band points made strictly according to Dow's theory can be used to distinguish the position of support and resistance, to identify the starting point of trend, and to stop and stop loss. Whether you are a trend trader, an day short-term trader, or a scalp trader, I believe this indicator will be of great help to you. For example, when the price goes down through the green line, the current short trend starts, and when the price goes up through the red line, the bull
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Version 1.3 2019.10.31
修改了一点点错误。
Version 1.2 2019.08.14
The previous problems were corrected.
Version 1.1 2019.08.07
Fixed an error