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Overview
The Cycle Identifier PRO is a unique tool designed for trend and pattern traders seeking to enhance their market analysis. This trading software provides a comprehensive approach to identifying true market cycles, making it easier to confirm trend and chart patterns.
Functionality of Cycle Identifier PRO
The Cycle Identifier indicator for MT4, a component of Cycle Identifier PRO, is designed to generate filtered price action signals. These signals assist traders in identifying the right conditions to open buy and sell positions. The indicator is a suitable tool for both short-term and long-term traders, offering a versatile approach to the Forex market analysis.
Working Mechanism of Cycle Identifier PRO
The Cycle Identifier MT4 indicator operates by displaying an oscillating gray line on a separate indicator chart below the main chart. This line is characterized by upward and downward spikes, which are accompanied by green and red bars respectively. These bars provide an indication of the market trend and its momentum.
Underlying the visual representation, the indicator employs a combination of the Smooth Moving Averages (SMA), Relative Strength Index (RSI), and Price Action Filter indicators. This combination allows the indicator to identify the market trend, analyze its strength (momentum), and filter out false signals.
Applicability for Different Trading Strategies
The Cycle Identifier PRO is adaptable to various trading strategies and timeframes. Short-term traders, including scalpers, can use the indicator on the M1 timeframe. Intraday traders can utilize it on the M5 or M15 timeframes. For swing traders, the H1, H4, or D1 timeframes are recommended.
Independent Testing and Updates
For those interested in the performance of the Cycle Identifier PRO, independent testing results are available on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also provided.
FAQ
Who is the Cycle Identifier PRO designed for?
The Cycle Identifier PRO is designed for both short-term and long-term traders who are looking to enhance their market cycle analysis.
How does the Cycle Identifier PRO work?
The Cycle Identifier PRO uses a combination of the SMA, RSI, and Price Action Filter indicators to identify market trends, analyze momentum, and filter out false signals.
Where can I find independent testing results for the Cycle Identifier PRO?
Independent testing results for the Cycle Identifier PRO can be found on the forexroboteasy.com website.
We invite all users of the Cycle Identifier PRO to share their experiences and insights into the use of this product. This review is independent and does not represent any proprietary interest in the product.
forexroboteasy.com
1 review
The support from the author, Mr Kusibi, has been nothing short of perfect. I had a question about a particular feature of the software, and to my surprise, I received a response in just minutes. It's not often that you come across such prompt and helpful customer service. This not only shows the dedication of the author but also gives me confidence in the reliability of the software. What impresses me the most about this software is its effectiveness. The Cycle Identifier PRO works really great, providing me with valuable insights that have significantly improved my trading strategy. The accuracy of the indicator is commendable and it has certainly exceeded my expectations. In the future, I plan to buy other products from the author. If they are anything like the Cycle Identifier PRO, I'm sure they will be worth every penny. I'm looking forward to exploring more of what the author has to offer. In conclusion, I highly recommend the Cycle Identifier PRO to any forex trader out there. Whether you're a beginner or a seasoned trader, this software is a valuable asset that can help you maximise your profits and minimise your risks. To Mr Kusibi and the team behind the Cycle Identifier PRO, keep up the great work. You've got a loyal customer in me. All the best, Martin."
The repainting issue essentially means that the indicator changes its mind about market direction after the fact, which can lead to misleading signals and potential losses. This is a serious concern for any trader, as accuracy and reliability are paramount in this field. Upon discovering this issue, I immediately reached out to the seller, expressing my concerns and requesting a solution. The seller assured me that he would recode a version of the software that doesn't repaint, which gave me a glimmer of hope. However, it's been over a week since that conversation, and I'm yet to receive any further communication or the promised updated version of the software. My messages have seemingly fallen on deaf ears, leaving me in a state of limbo. This lack of responsiveness is not only frustrating but also raises questions about the level of customer service and after-sales support provided. In conclusion, my experience with the "Cycle Identifier PRO" Forex software has been disappointing. The repainting issue significantly compromises the effectiveness of the tool, and the lack of communication from the seller has only added to my dissatisfaction. I hope that this review serves as a cautionary tale for others considering this software. It's crucial to ensure that the tool you're investing in not only functions as promised but is also backed by a responsive and reliable customer service team.