Cyclic Channel Stops
- 指标
- Vitalyi Belyh
- 版本: 2.0
- 更新: 27 七月 2023
- 激活: 10
Cyclic Channel Stops - an analytical tool that allows you to conduct a cyclical analysis of price movements.
The indicator specializes in modeling price behavior for making trading decisions.
Adjusts to work on all time frames and trading instruments. There are several types of alerts.
How the indicator works
The wave algorithm calculates the specified number of candles and adjusts the indicator line to the price movement, continuing it or reversing it.
Adjustable parameters set the cycle length, number of calculations and smoothing. Allows you to select parameters for the appropriate period.
The channel period allows you to determine potential turning points by rebounding the indicator lines from the channel.
The indicator works in automatic and manual modes, the automatic mode uses mathematical calculations with the price, and the manual mode uses combinations of moving average lines.
Large dots indicate price reversals from the external channel, small dots indicate price reversals within the cycle.
The automatic mode can be used on any Time Frames, the manual mode is recommended to be used on time frames from M15 and above.
The default parameters are optimized for testing on M15 - M30 Time Frames.
Input parameters
The indicator specializes in modeling price behavior for making trading decisions.
Adjusts to work on all time frames and trading instruments. There are several types of alerts.
How the indicator works
The wave algorithm calculates the specified number of candles and adjusts the indicator line to the price movement, continuing it or reversing it.
Adjustable parameters set the cycle length, number of calculations and smoothing. Allows you to select parameters for the appropriate period.
The channel period allows you to determine potential turning points by rebounding the indicator lines from the channel.
The indicator works in automatic and manual modes, the automatic mode uses mathematical calculations with the price, and the manual mode uses combinations of moving average lines.
Large dots indicate price reversals from the external channel, small dots indicate price reversals within the cycle.
The automatic mode can be used on any Time Frames, the manual mode is recommended to be used on time frames from M15 and above.
The default parameters are optimized for testing on M15 - M30 Time Frames.
Input parameters
- Mode - Automatic parameter mode or manual.
- Cycle size - how many candles to combine for a cycle, changes the length of the indicator's cyclic line.
- Iteration - the number of mathematical calculations for the cycle line, increase for instruments with high volatility to improve the accuracy of the signal.
- Smoothing - is a smoothing cycle parameter that combines candle calculations with a slowly changing price. Use when flat.
- Channel period - the period of the channel of the cyclic line, when the parameter is increased, more significant signals remain.
- Count Bars - The number of indicator bars on the chart.
- Play sound / Display pop-up message / Send push notification / Send email - Use alerts when signal points appear.
- Sound file signal - Sound file for the signal arrow.