here's a 3 min ES chart that I have done trades on today and shows how I like to use the cycle indicator and BPT MA Deluxe

As I've commented many times - when price breaks over the resistance cycle, it's a breakout and bullish if held. I'll go long on a break of the resistance cycle - a good break not a small candlewick through it. 

price did break over the resistance cycle in the morning but didn't go very far, however that resistance cycle then acted as support. when I go long i use a stop near a higher low.  
price then bounced off the support cycle, so I added to long

then you had another resistance cycle and price broke though that, I go long and place a stop at the higher low (yellow line), then move it up to each small higher low. By the way on that second resistance cycle - that roughly matched up with the ES TICK levels chart - so was a more important one

anyway I love buying when price takes out the resistance cycle, gives nice trades usually or when not stop is pretty tight