90 Minute Cycles Full

7 באוק׳

90-Minute Cycles Indicator for London and NY Sessions

This is a more streamlined version of the 90-minute cycle indicator by sunwoo101.


The 90-Minute Cycles Indicator is built to help traders easily follow and trade around key market cycles during the London and New York sessions. Marking important 90-minute intervals and highlighting the True Cycle Open Price provides clear visual cues to help you make more informed trading decisions.

Key Features:

• 90-Minute Cycles for London and NY: The indicator automatically draws vertical lines marking every 90-minute cycle for the London and NY sessions. These lines are great for timing your trades and spotting potential shifts in market momentum.
  
• True Cycle Open Price: A horizontal line is drawn at the True Cycle Open Price, which stays visible throughout the session. This gives you a key reference point for price levels that tend to act as support or resistance.
  
• Customizable Visuals: You can fully personalize the indicator’s appearance - adjusting the colors and line styles and even controlling when the lines appear - so it blends perfectly with your existing charts.
  
• All Cycles Drawn from the Start: Unlike other indicators, this one draws all the 90-minute cycles right when the session begins, so you can see the full day’s potential market moves as soon as the first cycle starts.
  

What’s Different About This Indicator:

• London Session Support: In addition to the NY session, you now have 90-minute cycles for the London session, complete with its own True Cycle Open Price.
  
• Better Customization: You have more control over the visual aspects of the indicator, so it can be tailored to fit your specific charting preferences.
  
• Complete Cycle Visibility: All cycles are drawn immediately when the session starts, providing a full view of the day’s key moments right from the opening.
  

How to Use:
This indicator is perfect for scalping and short-term trading. Whether trading Forex or Indices and following SMT concepts, the cycle timing can help you pinpoint the best times for entering and exiting trades. The True Cycle Open Price is a crucial level of support or resistance throughout the session, making it a key marker to watch.

• Scalpers: Use the 90-minute cycle lines to time your trades with the market's rhythm.
  
• Day Traders: This indicator tracks the London and NY sessions, making it an excellent tool for day trading strategies where timing is critical.
  

Multi-Session Support:
Whether you're trading the London or New York session, the indicator will automatically adjust to your time zone and align the cycles to the relevant session. This helps you stay on top of key market activity across major trading hubs without changing anything manually.

29 באוק׳

הערות שחרור

Fixed the time check for London cycles