Cycles Predictor Indicator
Cycles Predictor Indicator
$
150
Summary
This indicator uses past market cycles to predict future price movements.
The indicator scans through past data and considers combinations of cycles.
When cycles coincide at the same future date/time then it is considered a valid future prediction.
The predictions are drawn as vertical lines on the right side of the chart in the future.
A prediction will often result in type of candle (ex. bull or bear) and/or a reversal point (ex. bottom or top) forming at this exact time.
The lines are drawn well in advance which makes this a unique indicator.
Benefits
- The indicator does not repaint, move, or delete lines! It also does not lag because the lines are drawn many bars in advance.
- It can be used for Forex trading and possibly for binary options trading.
- This indicator can be used for news trading strategies since the future times it plots often result in high volatility. So it's similar to news times which are known in advance too and which often result in high volatility.
- There is no need to constantly watch the chart since all lines are drawn ahead of time and the future times are clearly marked.
Inputs
- Strength Factor
This controls the reliability and the number of predictions. The higher the number, the more reliable the future lines will be but the fewer lines will be drawn. And vice versa for a lower setting.
- Lookback Candles
This controls the number of past candles that the indicator will consider when looking for past cycles. The higher the number, the more cycles will be used and greater is the chance that future lines will be drawn, but the slower the indicator will be. And vice versa for a lower setting.
- Buy Line Color
This setting controls the color of the bullish vertical line drawn by the indicator.
- Sell Line Color
This setting controls the color of the bearish vertical line drawn by the indicator.
Notes
- The higher the number set for 'Strength Factor', the better. The lower the 'Lookback Candles', the better.
If you see that too many lines are drawn on the chart, adjust the settings to be stricter until only a few lines are drawn. These will be stronger cycles then. So you should balance the 2 settings with this tip in mind.
- The indicator draws future buy and sell signals with different colors. The indicator uses past cycles to plot the future predictions. If the previous cycles used were bullish cycles then the indicator will plot a future buy signal. And vice versa.
It's important to note that the direction of past cycles (bull or bear) do not always correlate with the future result. Sometimes, the future cycle just results in greater volatility.
So the future lines are just colored based on what the past cycles were that were used to create the prediction, but the direction is not always accurate.
What you should expect with near certainty though is that there will be a market reversal and/or greater volatility at the predicted times.
- DLL imports must be enabled for this indicator to work.
- Updates will be made based on customer feedback. Feel free to comment or send recommendations.
- This indicator will work on any MT4 broker and chart.
- The examples below are taken from real live charts.
Example
Forum
- The official forum to post your comments, questions, concerns, or bug reports about the Cycles Predictor Indicator can be found at Forex Zone Forum.
Availability
- The current version is v1.20 released on June 25, 2024. Updates will be made based on customer feedback.
- This indicator is available free for PAID MEMBERS.
- All requests are processed manually. Expect delivery within 12 hours after your request is received.
- You will get free support and updates in the future. It is your responsibility to check back for updates. We do not do this for you. If you are a paid member and want an updated version, simply send us an email and we would be happy to send you the update free.
- You will be able to use this indicator with no expiration date.
- You will be able to use this indicator on 5 different account numbers total. The broker, server, and type of account does not matter. If you use more than 5 account numbers, please contact us.
- Email us account number(s) that you want this indicator to work on so it can be unlocked and sent to you. You do not need to use all 5 account numbers at once. You can wait to use the remaining account numbers at a later time.
- This indicator is available for purchase with Paypal and MQL5.COM (they handle licensing and distribution on MQL5.com).
- Ask any questions and see examples before deciding to pay. Once payment is received, it is final. There are NO REFUNDS.
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