Technical Indicators for MetaTrader 5

CycleDivergence

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Information

Indicators
MetaTrader 5
Enrico Mariani
1.1
5

Overview

Please,put CycleDivergence in the same folder of TimingCycleWithLLV otherwise it does not run.

As for the cycle discussion, I invite you to read the TimingCycleWithLLV indicator presentation ...please ask me if something is not clear.
I think tha time is much more important than price;this is the reason for wich I trade only when one cycle finishes and the new one start.

In order to use the CycleDivergence indicator follow these steps:

1) for example (see imagine number four) 1 minute chart,in the first window you put TimingCycleWithLLV short term B green

2) in the second window you put TimingCycleWithLLV short term A yellow

in practice short term A is half duration of short termB 

3) for trading:

A) looks when ALL two cycles are under zero axis

or

B) looks for divergences of short term A when low sinusoid under zero axis is greater than the previous low and price is lower than previos low and short termB is below zero axis.
For scalping on 1 minute chart look at divergence on :very short term,short term A/B
For scalping of  cycle of some hours look for medium term A/B
Very impressive are divergences on 5/15 minute chart with all settings
On 1hour chart you see cycle divergence lasting some days till weekly and monthly cycles.
 

Deliberately I did not put the input sets for the cycles, this is the secret I discovered in many years of study.


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