Cyclic Trend
- 지표
- 버전: 1.20
Cyclic Trend is a MetaTrader 5 indicator that presents a confirmed market bias and an adaptive price zone. It processes price data through a proprietary cycle-detection framework and outputs two visual elements: a trend label (BULLISH, BEARISH, or NEUTRAL) and a dynamic channel that appears on the relevant side of price (lower band during bullish phases, upper band during bearish phases).
Visual Output
-
A text label in a user‑selectable corner, with customisable font, size, colour, and offset.
-
A two‑level zone (inner and outer boundaries) that updates bar by bar. The zone is drawn only on the side corresponding to the current bias, reducing chart clutter.
Practical Use
-
Bias filter: The label indicates the preferred trading direction. In neutral phases, the indicator suggests avoiding new positions or reducing exposure.
-
Entry area: The displayed zone provides a structured price range. Traders may wait for price to reach the zone and then apply their own entry triggers.
-
Trade management: A close beyond the zone boundaries can serve as a signal to tighten stops or exit, as it may indicate the current cycle is losing momentum.
-
Multi‑timeframe context: The bias can be checked on a higher timeframe to align with the broader cycle, while zone interactions are executed on a lower timeframe.
Customisation
-
Adjustable channel lookback and phase thresholds to adapt to different market speeds.
-
Choice of price model (standard or Heikin‑Ashi) and source (e.g., close, high‑low median, typical).
-
Full visual control over the label and zone colours (set in the Colors tab).
Compatibility
Works on all symbols and timeframes, including forex, metals, indices, energy, and crypto. Suitable for manual trading and for integration into EA logic.
Risk Note
This indicator is a decision‑support tool. It does not guarantee profitable outcomes. Users should apply appropriate risk management and validate settings on their own markets before live use.
