I've commented on this 100 times, but cycle indicator is very
useful, many times breaks reverses right off the cycles, but
sometimes price breaks through them, such as the resistance cycle -
that signals a breakout- it basically confirms a trending
move higher a breakout from recent consoldiation, you can see it
here on that trading view chart I have given links to
Breakout example from the cycle indicator
Posted by matt on 10th of Nov 2023 at 02:10 pm
I've commented on this 100 times, but cycle indicator is very useful, many times breaks reverses right off the cycles, but sometimes price breaks through them, such as the resistance cycle - that signals a breakout- it basically confirms a trending move higher a breakout from recent consoldiation, you can see it here on that trading view chart I have given links to
https://www.tradingview.com/chart/hL7nKk4g/
Is the cycle indicator one
Posted by payday on 10th of Nov 2023 at 02:54 pm
Is the cycle indicator one that you have coded yourself? I can't seem to find it on Trading view
We've had it for 10
Posted by matt on 10th of Nov 2023 at 03:23 pm
We've had it for 10 plus years at least, there's other versions there but I like this one the best