Cycle Identifier ??

[mainstream]

Anyone put together a cycle identifier like the picture attached. That plots a (1) for UP and (-1) for DOWN?

[NinjaTrader_Ben]

Hello,

I recommend searching the forum for this.

[mainstream]

What I'm working with now, has 10000 variables, although 100 is more accruate. If you know of anything with only two plots (1) or (-1), like in the image attached to the initial post.

[NinjaTrader_JoshP]

Not sure what you mean. What is available is generally posted in the File Sharing indicator section of the forums. I suggest you browse through there to see if you find anything that fits your needs.

[astra]

Anyone put together a cycle identifier like the picture attached. That plots a (1) for UP and (-1) for DOWN?

You can create two dataseries based on this indicator/plot in the chart which will return 1 and -1 values if true. Something like this (where Plot is the indicator in the chart):

if (Plot.Get(CurrentBar) >0)
myPositiveDataseries.Set(1);
else if (Plot.Get(CurrentBar) <0)
myNegativeDataseries.Set(-1);

Assuming of course that the constant line in your indicator is zero...

[eDanny]

That is not so easy in the CycleIdentifier. Many false signals.

[astra]

That is not so easy in the CycleIdentifier. Many false signals.

Agree. I gathered from the posts before that mainstream is after the method rather than the indicator itself. Anyway, IMO zigzag indicators can indicate cycles with very similar results like CycleIdentifier and without the false signals, but ... they are few bars late...

[silvester17]

Mainstream,

Is this the CycleIdentifier you're looking for? It's called Kelly's Cycle Identifier by Roy Kelly. It's part of the Floor Traders Tools.

http://trendpro.com/floortraders.html

[mainstream]

His indicator is a proprietary indicator. So I don't want to infringe on his logic or code or anything like that.

Through the community there are a few options. They work fine. They're are however, 10000 potential plots. I was wondering if anyone simplified.

[GreenTrade]

This is something I found on another post and edited it to output a buysig and sellsig bool for use in strategy. It plots the false signals, also. I could not find the original post so I will add it here instead. To call the signal in a strategy use something like the following:

CycleIdentifierGreen(21,12,3,4,1,false, 1).BuySig[0]


GT

[mainstream]

Thank you.

[Tzachi]

REPAINT !!!

If you can make it to be a non repaint indicator, you will NEVER be in the red.

[hanaa]

cycle identifier

i have it on my chart.but not much use for it too many false signals

[Tzachi]

If you watch a fast TF chart, you will see how the signal generated and if the move in the next few bars goes to the opposit direction, the signal is GONE.

[hanaa]

cycle identifier

i agree it is not as good as the original roy kellys indicator that sells for a lot of money.i hope somebody would take it and do a major overhaul on it,the way it stands now signals are of no use to anybody