- Cristian Mihail Pauna
- Версия: 1.40
- Обновлено: 2 марта 2023
- Активации: 10
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. A stable Risk and Capital Management Strategy is recommended.Note
Any user will run this software with his own technical resources, with his own data, and with his own input options.
The software's author is not responsible for the usage results and can not be held responsible for any eventual losses.
An updated version of MetaTrader 5 (MT5) with available market data after 01.01.2018 is needed to run this software.
Relative Cyclicality is distributed only under the https://mql5.com site; any other place offering this software is a scam.