Cycle Identifier Indicator
Cycle Identifier is a very useful indicator for cycle traders. It is a Fourier indicator however it’s been custom coded by the author of KorHarmonics. It looks actually cool. This indicator can mark major cycle tops with wide bright red bars as well as major cycle lows with wide bright green bars. As well as, it marks minor cycle tops as well as bottoms by means of thin dark red and dark green bars. The cycle tops and bottoms can fade away based on following price action. When it happens, an exit or reversal indication is indicated.
I have collected this indicator from a forum and I would like to share this indicator here. It can take action as confirmation for the patterns. This indicator symbolizes the price jumps in the chart. It is very useful for beginners as well as for expert traders.
If you are looking at korharmonics and you can get this indicator for free here. You are most welcome in our blogs and feel free to leave your valuable comments and suggestions.
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