Cycle Theory + Frequency Theory

3 Apr

Cycle Theory attempts to predict, through volatility, support/resistance points where the market may reach/reverse a trend. This theory's calculation is based on a reference candle that the user chooses, usually the first candle of the day/week's session. From this point on, if the level is broken upwards or downwards, the 1st Cycle begins with the same distance between the high/low or open/close of the reference candle. From the 2nd Cycle onwards, the size becomes the sum of all the last cycles formed, and so on.

Frequency Theory is similar, but its levels always have the same size as the high/low or open/close of the reference candle.

7 Apr

Nota Keluaran

code improvements and bug fixes for displaying cycle 1 and 2

9 Apr

Nota Keluaran

code improvements and added breakout alert function

* In addition to activating this function in the indicator, it is necessary to configure TradingView's own alert system by selecting this indicator as the alert source.

9 Apr

Nota Keluaran

code improvements

5 Mei

Nota Keluaran

Added two new functions:

- Possibility to slice the CA (Opening Channel) by 50% if it is too large

- Color the CA background for better visualization

5 Mei

Nota Keluaran

Added function:
Now you can set prices manually to start the markup

- Bug fix in CA slice function
- Code improvements

6 Mei

Nota Keluaran

- Change in the division calculation of the CA slice function
- Code improvements