Range Cycle Indicator MT5

Range Cycle Indicator.

Gives signal on price range cycling smoothed by moving average. It is better to use it on H1+ timeframes and avoid side markets. Because if market is flat this indicator will give too many zero profit or even losing signals.

Parameters:

PopUpAlert - to allow it to alert when trend changes;

EMailAlert - for email alerts;

period - this is a smoothing criteria, use higher values on lower timeframes;

TimeFrame(new) - higher timeframe (or the same) to use for calculation, default is current value;

UpColor, DnColor and MidColor - line color setting;

UpWidth, DnWidth and MidWidth - line width setting.

Any suggestions please write in comments.