Cycle Timer with Histogram (one of my favs)

[ScottyA]

Yet another Study created with the help of @dsinnig of Trading Indicators. Can't thank Daniel enough!

This Study has become bread and butter for me on daily and weekly charts. Like any indicator, it lags a bit, but it sure has kept me in positions longer as it has minimal noise and turns like a cruise ship!

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Sorry to leave off screenshots earlier! Here ya go...

 

[ENIGMA]

thank you so much to share this

 

[CoachCraig]

Thanks for sharing the study. To the extent you are willing to disclose, what is the theory behind it?

 

[ScottyA]

Sure.

As it says in the Study screenshot, it's based off the math from Walter Bressert's Double Smoothed Stochastic.

 

[CoachCraig]

Ah! I see it now. I use that indicator already -- must be why I like this indicator!

Sure.

As it says in the Study screenshot, it's based off the math from Walter Bressert's Double Smoothed Stochastic.

 

[Boparai]

thanks

 

[Pyt]

What exactly does it indicate?