... the beginning of a bull market.
Cyclic tuned RSI is approaching overbought level, cRSI level on weekly is back to neutral (not bullish anymore) cyclic momentum indicates divergence signal, timing window for markets to end bear market rally started this week.
The daily dominant cycle analysis indicated a possible interim low and showing a positive phase ahead until the summer period for Netflix NFLX. We can detect two dominant cycles with a length of 211 and 289 days. Both cycles are plotted as "composite cycle vector plot" as overlay based on their current phase status. The cyclic smoothed RSI indicator is also tuned...
The concept of cycle analysis has enourmous power to detect and project important points in time when markets might turn. Cycles work in the time domain and therefore offer additional value to technical analysis. As technical analysis is mainly driven by price, cycle analysis offers a view on another parameter: Time. The most important situations occur when...
This is a short tutorial on how to use the Detrended Rhythm Oscillator (DRO) to identify the current dominant cycle. The Detrended Rhythm Oscillator is an advanced Detrended Price Oscillator DPO which helps to spot the key market rhythm or beat for any symbol on any timeframe.
It automatically labels the length of current market high-high and low-low pivots...
Two of my favorite cyclical technical indicators show sell signals on the daily and weekly Bitcoin chart.
The first top indicator is a parameter-less ultra-smooth, zero-lag momentum indicator based on the current dominant cycle. The second, bottom indicator is a cyclic smoothed RSI indicator using the current dominant cycle. The main dominant cycle in Bitcoin is...
This tutorial explains how to use the public and open indicator published as "RSI cyclic smoothed v2" in regards to spot market turns. By using the same indicator tuned at the market vibration and using divergence signals to confirm market turns.
As written here:
Based on the community feedback, I wanted to share more insights on how to use this indicator on...
Using half of the current dominant cycle length "90" for the cyclic RSI shows string divergence between indicator and price, indicating major reversal for gold. In alignment with current cycle analysis.
cRSI is available as indicator for your own charts as "RSI cyclic smoothed"
The following chart shows the enhanced RSI indicator in with the settings of the current dominant market cycle. The cyclic-smoothed (cRSI) indicator is able to indicate price turns analog to indicator turns above/below the cyclic lower/upper much clearer than the basic RSI.
The indicator is available for usage in TradingView:
The chart shows a cyclic smoothed RSI indicator in comparison to the normal RSI indicator. The current dominant cycle is used to smooth and make the RSI more clear and crisp. The turns of the smoothed indicator signal line and the crossovers above the dynamic upper/lower bands are highlighted with arrows on the chart.