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Cycle Sniper MT5

1

Cycle Sniper MT5 

We have completed and launched MT5 Version of Cycle Sniper indicator with its new feature of deviation filter.

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 focuses on the present. It tries to analyze what will happen in the future, not what happened in the past.

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

If you don't know the basics of trading and/or equate trading with gambling, this indicator is not for you.

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 is free for the users who bought the indicator. ( Not valid for renting)


Videos, settings  and descriptions can be found here ( Valid for MT5 as well - Only Extreme Reversal Mode )

Please check sample trades and strategies on the comments section.


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.


If you need further information, please do not hesistate to contact us via PM.


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Filtro:
Yuliyanto Moses Picauly
368
Yuliyanto Moses Picauly 2022.05.29 19:54 
 

Just rented your product. Is there any recommended set file for MT5 ver?

Elmira Memish
4934
Resposta do desenvolvedor Elmira Memish 2022.05.29 20:29
Thank you for your interest in our product. I will send them via PM.
Pascal-Yves Murundelger
2723
Pascal-Yves Murundelger 2022.02.28 16:22 
 

I didn't noticed during visual backtesting but both indicators repainting like hell in live trading.

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