Trade based on Market Cycle Indicator

Quoting Samer1970

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For the yellow line, it is now considered above zero or under zero so even if it is colored by yellow , it is still valid for the signal ok let's begin writing the code manually, i use my own blocks but i do not have any ea builder so it will take some tie good night

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input int InpPeriod = 10;
 
#define MARKET_CYCLE_FLAT 0
#define MARKET_CYCLE_DOWN 1
#define MARKET_CYCLE_UP 2
 
double mc_up_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_UP,1);
double mc_down_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_DOWN,1);
double mc_flat_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_FLAT,1);

Quoting MathTrader7

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{quote} Here is a piece of code that shows how you can read the values (of bar = 1) of my indicator, input int InpPeriod = 10; #define MARKET_CYCLE_FLAT 0 #define MARKET_CYCLE_DOWN 1 #define MARKET_CYCLE_UP 2 double mc_up_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_UP,1); double mc_down_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_DOWN,1); double mc_flat_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_FLAT,1);

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Quoting MathTrader7

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This trading strategy is based on the reversal pattern, known as Pin-Bar with regards to the Market Cycle indicator. The Market Cycle indicator tries to predict the future movement of the market based on statistical analysis. Time frame: M30,. The Market Cycle indicator works on any time frame, though. Buy signal conditions: Market Cycle indicator is above zero (with default settings it is a blue histogram bar) A bullish pin-bar is formed. A bullish pin-bar has a long lower wick and a small upper wick, and its body size is a few times smaller than...

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Quoting MathTrader7

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This trading strategy is based on the reversal pattern, known as Pin-Bar with regards to the Market Cycle indicator. The Market Cycle indicator tries to predict the future movement of the market based on statistical analysis. Time frame: M30,. The Market Cycle indicator works on any time frame, though. Buy signal conditions: Market Cycle indicator is above zero (with default settings it is a blue histogram bar) A bullish pin-bar is formed. A bullish pin-bar has a long lower wick and a small upper wick, and its body size is a few times smaller than...

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Quoting MathTrader7

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{quote} Hi Pipologist, The arrows and crosses are not generated by the current version of the indicator. This is one of my trading strategies that I wanted to share with the community here. In the next versions I will implement arrow-and-cross signs with alerts and notifications. The pin-bars will be detected on Bar[1]. This is because while the current bar is not closed, the bar might end up as a bin-bar or not. So our decision should be based on Bar[1]. Best, Math

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Quoting MathTrader7

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Version 1.04 of the indicator released (I updated Post 1).

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Quoting kristjantelve

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{quote} Hello For some reason, it will not appear on the chart regards Kristjan

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Quoting MathTrader7

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Version 1.02 of the indicator released. In this version the hypothesis for the market cycle change is displayed with Olive colored bars. I updated Post 1. {image}

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Quoting MathTrader7

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Here are some of my entries (I will upload the indicator MT7_Breakout_IN to Post 1). Olive bars mean that the market is about to move, a pattern (such as a pin-bar) or a breakout in the market over turning areas of the Alligator indicator are profitable entries. {image}

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