Martin Armstrong Cycles employs an unconventional form of technical analysis on your charts aimed at capturing market angles, swift market movements, price reversals, and early trend shifts. I strongly advise all traders to integrate cyclical analysis into their charting methods, as it unveils the inherent rhythms of markets. Every element in the universe follows a cycle, and so does price!
Analytical Benefits of Cyclical Analysis
- The angle of the cycle provides a roadmap for anticipating future market movements.
- A steeper angle indicates a higher likelihood of rapid market rallies or declines.
- The Break-Line denotes the cyclical boundaries of price—a critical pressure point in the market.
- A break of the Break-Line suggests a high probability of swift market movements, either upwards or downwards.
- Reversals signal potential breakouts in either direction.
- Buy/sell signals occur when price closes beyond a reversal point.
- Trap Plays happen when price breaks a reversal but promptly retreats, engulfing the breakout bar, resulting in a mass exit.
- Trap Plays boast the highest success rate among 80,000 different patterns.
- Price Flip 9 alerts to potential directional shifts.
– A Buy Setup emerges after nine consecutive closes lower than the close four bars earlier.
– Conversely, for a Sell Setup, nine consecutive closes higher than the close four bars earlier are required.
- Countdown 13 calculates trend duration to pinpoint its fading point and the emergence of a new cycle.
- The associated risk level with Price Flip 9 and Countdown 13 defines the threshold at which price may reverse.
- Visual description: https://www.mql5.com/en/blogs/post/748769
Parameters
- Show Reversal Signal: True/False
- Buy Signal: Lime
- Sell Signal: MediumOrchid
- Bullish Reversal: Lime
- Bearish Reversal: MediumOrchid
- Show Trap Play: True/False
- Trap Play: Aqua
- Reversal Font Size: 10
- Show TD Combo: True/False
- Extend TD Risk Level: True/False
- TD Font Size: 12
- Show TD Setup: True/False
- TD Buy Setup: Bisque
- TD Sell Setup: Pink
- Show TD Countdown: True/False
- TD Buy Countdow: LawnGreen
- TD Sell Countdown: Tomato
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