Cycle Indicator

The Cycle Indicator is a tool developed to help traders analyze market cycles thanks to a simplified version of the Hurst theory.

This indicator has two functions:
- The first one is the plotting of a line that can be used to find the cycle direction and momentum
- The second feature is the next-cycle bottom forecaster, useful for estimating the timing of the future pivot low.

This last feature shows graphically the period in which the next low will probably happen, using as a calculation method the timing of the previous lows.

Additionally, the user can choose to extend this time zone or to limit them to the range between the last pivot high and low.


本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。