The Cyber Cycle was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 34) and this is one of my favorite Ehlers indicators. I use it personally for exits but it has several uses. It gives great entry and exit signals when you enter when it is at the bottom or at the very top during a cycle. When it is above 0 then the stock is in a strong uptrend and when it is below 0 then the stock is in a strong downtrend. It is also very reactive as well with zero lag according to Ehlers. Buy when the indicator line is green and sell when it is red.
Let me know if there are other scripts you would like to see me publish or if you want something custom done!
@janor123, I believe the code is similar but my version adds a bunch of new functionality with the most important difference being that lazybear's version uses repainting and mine doesn't by default but lets you choose to turn it on or not along with a bunch of other options.
Andryis
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Great job! Thank you. I suggest using the signal only in the direction of the trend. Is it possible to put this filter on the signals?
cheatcountry
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@Andryis, thank you! I can do a custom request like this. Send me a private message