LazyBear

Hurst Cycle Channel Clone [LazyBear]

Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles.

This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note:
  • As you can see the red channel keeps moving with in the bounds of green channel. When green breaches red channel, it usually signifies extreme market condition.
  • Both red & green channels provide support/resistance levels. Also, the green channel provides S/R levels to the inner red channel.
  • Movement of red channel with reference to green highlights reversal points, reducing momentum et al. For ex., point "(x)" in the chart shows how red channel failed to reach the upper green channel line and highlighted the local top.

Use this just like other bands/channels. I have more indicators derived from this idea, will post them later.

Some more examples:
---------------------------------

MSFT 1M:

DXY 1M:

IWM 1M:

More info:
------------
cyclicwave.blogspot....-cycles-courses.html

List of my free indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970
(Support doc: bit.ly/lazybeardoc)


List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
오픈 소스 스크립트

이 스크립트의 오써는 참된 트레이딩뷰의 스피릿으로 이 스크립트를 오픈소스로 퍼블리쉬하여 트레이더들로 하여금 이해 및 검증할 수 있도록 하였습니다. 오써를 응원합니다! 스크립트를 무료로 쓸 수 있지만, 다른 퍼블리케이션에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.

차트에 이 스크립트를 사용하시겠습니까?
//
// @author LazyBear 
// List of all my indicators: http://bit.ly/1LQaPK8
// 
study("Hurst Cycle Channel Clone [LazyBear]", shorttitle="HCCC_LB", overlay=true)
scl_t =  input(10, title="Short Cycle Length?")
mcl_t =  input(30, title="Medium Cycle Length?")
scm =  input(1.0, title="Short Cycle Multiplier?")
mcm =  input(3.0, title="Medium Cycle Multiplier?")
src=input(close, title="Source")
scl = scl_t/2, mcl = mcl_t/2
ma_scl=rma(src,scl)
ma_mcl=rma(src,mcl)
scm_off = scm*atr(scl)
mcm_off = mcm*atr(mcl)
scl_2=scl/2, mcl_2=mcl/2
sct =  nz(ma_scl[scl_2], src)+ scm_off
scb =  nz(ma_scl[scl_2], src)- scm_off
mct =  nz(ma_mcl[mcl_2], src)+ mcm_off
mcb =  nz(ma_mcl[mcl_2], src)- mcm_off
scc=#E8E8E8, mcc=#E8E8E8 
sccm=gray, mccm=black
sccf=red, mccf=green
sctl=plot(sct, color=scc, title="ShortCycleTop")
scbl=plot(scb, color=scc, title="ShortCycleBottom")
plot(avg(sct,scb), title="ShortCycleMedian", color=sccm, style=line)
mctl=plot(mct, color=mcc, title="MediumCycleTop", style=line, linewidth=0)
mcbl=plot(mcb, color=mcc, title="MediumCycleBottom", style=line, linewidth=0)
plot(avg(mct,mcb), title="MediumCycleMedian", color=mccm, style=line)
fill(sctl, scbl, sccf)
fill(mctl, mcbl, mccf)