ATRG Market Cycles is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator created by Doug Schaff. ATRG Market Cycles is not choppy during the trends and reacts to the changes very fast. The Market Cycles tries to combine two different methods of determining the trend direction changes safely — evolved MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 10 and 90.
- Easy to identify, easy to understand and easy to implement.
- Filters out bad, false and choppy signals.
- Compared to the popular indicators, Market Cycles will react faster to changing market conditions.
- It can stay in overbought or oversold territory for long stretches of time.
Platform: Meta Trader 4
Timeframe recommended: H1 – D1