Cyclical CALL/PUT Strategy

This script identifies optimal CALL (long) and PUT (short) entries using a cyclical price wave modeled from a sine function and confirmed with trend direction via a 200 EMA.

Strategy Highlights:

• Cycle-Based Signal: Detects market rhythm with a smoothed sinusoidal wave.
  
• Trend Confirmation: Filters entries using a customizable EMA (default: 200).
  
• Auto-Scaling: Wave height adjusts dynamically to price action volatility.
  
  Risk Parameters:
  
• Take Profit: Default 5% (customizable)
  
• Stop Loss: Default 2% (customizable)
  
  Signal Triggers:
  
• CALL Entry: Price crosses above the scaled wave and in an uptrend
  
• PUT Entry: Price crosses below the scaled wave and in a downtrend
  

Inputs:

• Cycle Length
  
• Smoothing
  
• Wave Height
  
• EMA Trend Length
  
• Take Profit %
  
• Stop Loss %
  

Visuals:

• Gray line = Scaled Cycle Wave
  
• Orange line = 200 EMA Trend Filter
  

Best For: Traders looking to make 1–2 high-probability trades per week on SPY or other highly liquid assets.
Timeframes: Works well on 2-min, 15-min, and daily charts.