CycleForecaster

CycleForecaster is a sophisticated multi-oscillator confluence indicator designed to identify market cycles and potential reversal zones through the combination of five powerful technical oscillators. This indicator has been carefully enhanced for TradingView with modern visual aesthetics and additional features.

⚡ Key Features

🎯 Multi-Oscillator Confluence Engine

Combines RSI, Fisher Transform, CCI, MACD, and Stochastic oscillators
Normalizes all oscillators to a unified scale for accurate comparison
Weighted composite calculation for balanced signal generation

🔄 Adaptive Cycle Detection

Automatically identifies cycle peaks and troughs
Tracks and learns from historical cycle lengths
Forecasts expected future cycle turning points
Dynamic percentile-based threshold calculation

📊 Confluence Scoring System

Counts bullish/bearish signals across all oscillators
Configurable confluence threshold (default: 3/5 oscillators must agree)
Filters noise by requiring multi-indicator confirmation

🎨 Premium Visual Design

5 built-in color themes: Neon, Classic, Ocean, Sunset, Matrix
Gradient fills for intuitive overbought/oversold visualization
Momentum histogram for acceleration/deceleration analysis
Professional real-time information panel

📈 How It Works
Oscillator Normalization: Each oscillator is normalized to a -1 to +1 scale, allowing for direct comparison and combination.

Composite Calculation: A weighted average of all normalized oscillators creates a single composite line that represents the overall market cycle position.


Cycle Detection: The indicator identifies peaks and troughs using configurable thresholds, either through automatic percentile calculation or manual settings.


Forecasting: Based on detected cycles, the indicator calculates average cycle length and projects expected future turning points.


Confluence Confirmation: Signal strength is validated by counting how many individual oscillators agree with the overall reading.