Measuring Cycle Periods is a trend-following forex trading system, developed with the blend of Ehler Spectrum & Dominant Cycle. Both of these indicators use a crossover formula but with different methods in order to detect the market trend.
A cross-check between the signals from these two indicators helps to increase the level of signal accuracy.
Measuring Cycle Periods can be
applied to trade for both scalping and intraday/day trading purposes. In
general, it suits all kinds of MT4 timeframe charts and can be used to trade
all kinds of forex currency pairs.
Download and
install the Measuring Cycle Periods
on your MT4 platform. Once you’re done, load it and find your trading chart
like the following image:
Measuring Cycle Periods Explanation
Ehler Spectrum: A crossover indicator with an
exceptional look, used to identify the market trends. The yellow Ehler remains
above the red Ehler to represent a bullish crossover, indicating the bullish
trend of the market. An opposite crossover will be considered as the bearish
trend signal of the market.
Ehlers Dominant Cycle: This is yet another
crossover trend identifying tool used to filter the trade signals for greater
perfection in performance. It uses a typical price average method in two
different parameters, plots crossover between these two and signals for the
market trends.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.