Cycle Sniper MT5

Cycle Sniper MT5 

Cycle Sniper MT4 Version and definitions : https://www.mql5.com/en/market/product/51950

Important Notes: 

• MT5 Version does not include Breakout Mode and Late Entry Mode Features.
  
• MT5 Version does not include RSI and MFI filter.

This indicator does not send any signal without a reason...You can observe and analyze the indicator and the signals it sends

Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference.

We recommend watching the videos about the indiactor and system befoe purchasing.

**Please contact us after your purchase and we will send you the complimentary indicators to complete the system.**

Note: If you close the chart or change the timeframe, you may see some of the markings redrawn.

Please test the indicator on the strategy tester before you rent or purchase it. If you do not feel comfortable, please do not buy it.

""Scanner and Dashboard will be sent complimentary for the users who bought the indicator. ( Not valid for renting).""

The complex algo is based on:

Fibonacci Retracement and Extension level.

Harmonic Waves

Fibonacci Gann

Fibonacci Speed Fan

Murrey Math Calculations

Price Deviations

Moving Averages

Features:

Reversal Mode Only 

High Accuracy 

Works on every timeframe and every instrument. ( Currencies, Commodities, Indices, Stocks, Cryptos)

Full alerts option and push notifications

Different settings for harmonic cycles will be sent.

7/24 support . Different trading strategies will be explained and shared with the users of the Cycle Sniper.

Advantages:

Trade the signals of the Cycle Sniper ( You can use it as an harmonic indicator ) 

Combine the signal of Cycle Sniper with your harmonic and/or breakut patterns

Trade Murrey Math lines or other support/resistance lines

Use the indicator to enter to trade or to take profit.

Finds extreme reversal points.

Parameters:

Main Settings 

Cycle Snipper Parameters: Periods of Moving Averages 

Signal Period: Recommended period between 5-7

Signal Method: Recommended : Simple

CS Cycle Sniper Price : Current Price / CS Trend Price

BB Paramenters: Use to calculate Depth / Deviation of the cycle

Deviation Filter is added on the v03

If deviation filter is true: dot+arrows = signal with deviation filter confirmation and dots= signal without deviation filter confirmation

Important Notes:

Different settings for  different signal modes will be sent to you after the purchase of the product.

You can use your own settings for each instrument or for some certain timeframes.

You can use the indicator with different settings (ie: Bigger Cycles vs Smaller Fibo Retracements ) on the same chart to see the bigger picture.

Due to the nature of the indicator,it  may not give 100% proper results on the strategy tester.

7/24 support .Different trading strategies will be explained and shared with the users of the Cycle Sniper.