Cycle Identifier PRO

The Cycle Identifier PRO is a unique tool designed for trend and pattern traders seeking to enhance their market analysis. This trading software provides a comprehensive approach to identifying true market cycles, making it easier to confirm trend and chart patterns.

Functionality of Cycle Identifier PRO

The Cycle Identifier indicator for MT4, a component of Cycle Identifier PRO, is designed to generate filtered price action signals. These signals assist traders in identifying the right conditions to open buy and sell positions. The indicator is a suitable tool for both short-term and long-term traders, offering a versatile approach to the Forex market analysis.

Working Mechanism of Cycle Identifier PRO

The Cycle Identifier MT4 indicator operates by displaying an oscillating gray line on a separate indicator chart below the main chart. This line is characterized by upward and downward spikes, which are accompanied by green and red bars respectively. These bars provide an indication of the market trend and its momentum.

Underlying the visual representation, the indicator employs a combination of the Smooth Moving Averages (SMA), Relative Strength Index (RSI), and Price Action Filter indicators. This combination allows the indicator to identify the market trend, analyze its strength (momentum), and filter out false signals.

Applicability for Different Trading Strategies

The Cycle Identifier PRO is adaptable to various trading strategies and timeframes. Short-term traders, including scalpers, can use the indicator on the M1 timeframe. Intraday traders can utilize it on the M5 or M15 timeframes. For swing traders, the H1, H4, or D1 timeframes are recommended.

Independent Testing and Updates

For those interested in the performance of the Cycle Identifier PRO, independent testing results are available on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also provided.

FAQ

Who is the Cycle Identifier PRO designed for?

The Cycle Identifier PRO is designed for both short-term and long-term traders who are looking to enhance their market cycle analysis.

How does the Cycle Identifier PRO work?

The Cycle Identifier PRO uses a combination of the SMA, RSI, and Price Action Filter indicators to identify market trends, analyze momentum, and filter out false signals.

Where can I find independent testing results for the Cycle Identifier PRO?

Independent testing results for the Cycle Identifier PRO can be found on the forexroboteasy.com website.

We invite all users of the Cycle Identifier PRO to share their experiences and insights into the use of this product. This review is independent and does not represent any proprietary interest in the product.