OPEN-SOURCE SCRIPT
Cycle Timing Signal v1.1 – Wave + Reset Alerts
🌀 Cycle Timing Signal v1.1 – Wave + Reset Alerts
Description:
The Cycle Timing Signal v1.1 indicator is designed to help traders identify time-based market reversals using a simple yet powerful cycle-based approach. It visually highlights cycle high/low resets, plots a dynamic cycle timing line, and overlays a customizable sine wave for enhanced timing analysis. This tool is ideal for traders seeking to combine rhythm, pattern recognition, and timing clarity into their strategy.
Key Features:
✅ Automatic Cycle Reset Detection – Highlights when a new cycle low or high is formed.
🟩 Background Color Coding – Optional background shading to reflect momentum or directional shift within the cycle.
🔔 Alert Conditions – Set alerts for fresh BUY (low reset) or SELL (high reset) signals.
🏷️ Chart Labels – Toggle on/off Buy/Sell labels at key turning points.
🔮 Overlay Sine Wave – Visualize cyclical rhythm with an adjustable amplitude and vertical offset sine wave.
📘 How to Use:
Cycle Length:
Set the number of bars to define your cycle. Default is 55, which works well for many instruments, but can be adjusted to suit your asset or timeframe.
Visual Cues:
Cycle Timing Line (main plot): Blue when favoring upward timing, red for downward. The line is based on the time since the last cycle high or low.
Background Color (optional): Helps visualize shifts in cycle direction and timing momentum.
BUY/SELL Labels (optional): Displayed at fresh cycle lows (BUY) and highs (SELL).
Sine Wave Overlay (optional):
Enables you to visualize cyclical flow in a smooth, rhythmic pattern. Use amplitude and vertical offset controls to align it visually with price action.
Alerts:
Add alerts on "Cycle Buy Reset" and "Cycle Sell Reset" to be notified when a new cycle low or high is detected.
⚙️ Suggested Use Cases:
Swing Trading: Identify reversal zones within dominant cycles.
Overlay with Price Action: Use timing resets alongside support/resistance or candlestick patterns.
Cycle Confluence: Combine with other cyclical indicators (e.g. RSI cycles, lunar/astro cycles, etc.) for deeper timing confirmation.
Description:
The Cycle Timing Signal v1.1 indicator is designed to help traders identify time-based market reversals using a simple yet powerful cycle-based approach. It visually highlights cycle high/low resets, plots a dynamic cycle timing line, and overlays a customizable sine wave for enhanced timing analysis. This tool is ideal for traders seeking to combine rhythm, pattern recognition, and timing clarity into their strategy.
Key Features:
✅ Automatic Cycle Reset Detection – Highlights when a new cycle low or high is formed.
🟩 Background Color Coding – Optional background shading to reflect momentum or directional shift within the cycle.
🔔 Alert Conditions – Set alerts for fresh BUY (low reset) or SELL (high reset) signals.
🏷️ Chart Labels – Toggle on/off Buy/Sell labels at key turning points.
🔮 Overlay Sine Wave – Visualize cyclical rhythm with an adjustable amplitude and vertical offset sine wave.
📘 How to Use:
Cycle Length:
Set the number of bars to define your cycle. Default is 55, which works well for many instruments, but can be adjusted to suit your asset or timeframe.
Visual Cues:
Cycle Timing Line (main plot): Blue when favoring upward timing, red for downward. The line is based on the time since the last cycle high or low.
Background Color (optional): Helps visualize shifts in cycle direction and timing momentum.
BUY/SELL Labels (optional): Displayed at fresh cycle lows (BUY) and highs (SELL).
Sine Wave Overlay (optional):
Enables you to visualize cyclical flow in a smooth, rhythmic pattern. Use amplitude and vertical offset controls to align it visually with price action.
Alerts:
Add alerts on "Cycle Buy Reset" and "Cycle Sell Reset" to be notified when a new cycle low or high is detected.
⚙️ Suggested Use Cases:
Swing Trading: Identify reversal zones within dominant cycles.
Overlay with Price Action: Use timing resets alongside support/resistance or candlestick patterns.
Cycle Confluence: Combine with other cyclical indicators (e.g. RSI cycles, lunar/astro cycles, etc.) for deeper timing confirmation.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.