Cyclic Impulse MT5

Cyclic Impulse MT5 — This technical indicator structures charts and identifies cyclical price movements. It allows you to find reversal cyclical price movements and entry signals.

How the indicator works
When a cyclical downward movement is detected, a blue downward bar is generated after the candle closes. It may flicker on the current candle, and the signal has not yet been confirmed. Blue arrows are duplicated on the price chart.
When an upward cyclical movement is detected, a red upward bar is generated after the candle closes. It may flicker on the current candle, and the signal has not yet been confirmed. Orange arrows are duplicated on the price chart.

Can be used on any chart, time frame, and trading instrument.
Several alert types.
Additional arrows on the price chart.
Does not redraw on history; it works on the candle close. If the candle closes, the arrow or bar will not disappear.
Easy to use and configure parameters, does not clutter the chart with unnecessary information.
It is recommended to use two indicators with different parameters. High parameters help determine the trend, while low parameters help find entry signals.

Manual input parameters are available, which work with chart structure processing.

"Cyclicity" - a parameter (2-5) regulates how often reversal cycles change, triggering cycle direction changes.
This parameter is more important. Increasing the parameter helps identify long-term price movements, while decreasing it helps find short-term impulses, allowing for multiple signal detection within a long cycle.

"Signal duration" - with low parameters (2-8) detects impulses in price movement, while with high parameters it finds long-term trend movements.