The Relative Cyclicality indicator defines the cycles of any price evolution. This indicator is computed by applying the "Cyclicality" mathematical transformation to the classic Relative Strength Index indicator made by J. Welles Wilder. The Relative Cyclicality defines very good entry and exit trading signals near the minimal and maximal points. It is better than RSI itself due to the unicity of the minimal and maximal points on a specific time interval.
The Relative Cyclicality indicator can be used to generate automated entry signals near the minimal price values. Also, the Relative Cyclicality indicator can be used to define limit conditions to generate automated exit signals near the maximal price values. The efficiency of this indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H1, H4, D1, W1), but it can be used also for any timeframes. The Relative Cyclicality is a very good filter of false signals of many other known indicators like RSI, CCI, or MACD.
This indicator is available on the market only for MT5 platform.
Use this indicator only with a stable Risk and Capital Management Strategy.
This indicator does not guarantee a profit. Past performance does not guarantee future performance.
Any buyer will run the indicator with his own technical resources, with his own data, and with his own risk.
The indicator's author is not responsible for the results, and can not be held responsible for any eventual losses.
The Relative Cyclicality is sold only under the https://mql5.com internet site; any other place offering this is a scam.