Cycle Identifier Metatrader 4 Forex Momentum Indicator

The Cycle Identifier Metatrader 4 indicator is a non-repaint technical tool that is deployed in spotting price momentum.

The indicator is able to deliver accurate pattern signals and a good loss and lagging prevention system.

The Cycle Identified MT4 indicator uses one of the best data mining solution i.e. NN algorithm, in predicting likely movement of the Forex pair.

Key Takeaways

  • Adding the Cycle Identifier indicator to the trading chart is a good way to identify current market changes in a manner that saves and maximizes profit.
  • Generally speaking, when price bar closes, the Cycle Identifier does not alter its value. It is therefore a very stable indicator that makes reading signals much easier.
  • The appearance of the indicator in its default setting shows lime or red bars that are printed below or above the zero-horizontal level respectively.

Feel free to explore the Cycle Identifier Forex Momentum indicator’s different parameters and settings to create your own personalized indicator setup.

Download This MT4 Forex Indicator Free

Download the “cycle-identifier.ex4” Metatrader 4 indicator

Cycle Identifier Forex Momentum Indicator Chart (AUD/JPY M30 Chart Example)

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

Finding Buy and Sell Triggers With The Cycle Identifier Momentum MT4 Indicator

Buy Signal: Go long when the lime bar of the Cycle Identifier Metatrader 4 indicator gets printed below the zero-horizontal level.

When the blue line of the Alligator MT4 indicator crosses below the lime and red lines in a bottom up manner, with price trading somewhat above the lines, it is a buy signal confirmation.

Sell Signal: Go short when the red bar of the Cycle Identifier indicator gets printed above the zero-horizontal level.

When the blue line of the Alligator MT4 indicator crosses above the lime and red lines in a top downward fashion, with price trading fairly below the lines, it is a sell signal confirmation.

Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the Cycle Identifier indicator prints a red bar above the signal level. Else, the lime line of the Alligator indicator intersects its red line.

Exit sell trade: Close all sell orders if while a bearish trend is running, the Cycle Identifier indicator prints a lime bar below the signal level. Else, the lime line of the Alligator indicator intersects its red line.

Tips: The Cycle Identifier MT4 indicator is a unique momentum indicator that offers uses numerous uses due to its non-repaint attributes.

It can be used by scalpers and swing traders alike.

The Cycle Identifier is one of the best indicators as a result of its deployment of two varying indicator strategies for its accurate calculation.

Download This Forex Indicator Now

Download the “cycle-identifier.ex4” MT4 indicator

Adjustable Parameters

Price Action Filter, length, major cycle strength, use cycle filter, use filter SMA or RSI, filter strength SMA, filter strength RSI.

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: Momentum

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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