diff --git a/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Cyber_Cycle_Pro.md b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Cyber_Cycle_Pro.md index 7db11ed..4024d08 100644 --- a/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Cyber_Cycle_Pro.md +++ b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Cyber_Cycle_Pro.md @@ -9,7 +9,7 @@ The output is a smooth, sine-wave-like oscillator whose amplitude varies with th The indicator plots two lines: * **Cycle Line:** The main filtered value. -* **Signal Line:** The Cycle line delayed by one bar, used for generating crossover signals. +* **Signal Line:** A trigger line used for generating crossover signals. This version offers flexible signal line calculation methods. ## 2. Mathematical Foundations @@ -17,11 +17,11 @@ The indicator uses a two-pole Butterworth band-pass filter to isolate the cyclic ### Calculation Steps -1. **Pre-Smoothing:** The source price is first lightly smoothed using a 4-bar weighted FIR filter `(P + 2*P[1] + 2*P[2] + P[3]) / 6`. This reduces noise before the main filter is applied. +1. **Pre-Smoothing:** The source price is first lightly smoothed using a 4-bar weighted FIR filter. 2. **Cycle Calculation:** The core is a recursive Butterworth filter applied to the smoothed price. - * $\text{Cycle}_i = (1 - 0.5\alpha)^2 \times (\text{Smooth}_i - 2\text{Smooth}_{i-1} + \text{Smooth}_{i-2}) + 2(1-\alpha)\text{Cycle}_{i-1} - (1-\alpha)^2\text{Cycle}_{i-2}$ -3. **Signal Line Generation:** The Signal Line is the Cycle line's value from the previous bar: - * $\text{Signal}_i = \text{Cycle}_{i-1}$ +3. **Signal Line Generation:** The Signal Line can be calculated in two ways: + * **Delay (Classic):** The Cycle line's value from the previous bar (`Cycle[i-1]`). + * **Moving Average:** A smoothing (SMA, EMA, etc.) applied to the Cycle line. ## 3. MQL5 Implementation Details @@ -31,10 +31,18 @@ The indicator uses a two-pole Butterworth band-pass filter to isolate the cyclic ## 4. Parameters +### Cyber Cycle Settings + * **Alpha (`InpAlpha`):** The smoothing factor for the Butterworth filter. Ehlers' recommendation is **0.07**. - * Lower value (e.g., 0.05) = Smoother, slower (longer cycles). - * Higher value (e.g., 0.10) = Faster, more volatile (shorter cycles). -* **Source Price (`InpSourcePrice`):** Selects the input data. Default is `PRICE_MEDIAN_STD` (Median Price), as recommended by Ehlers. +* **Source Price (`InpSourcePrice`):** Selects the input data. Default is `PRICE_MEDIAN_STD`. + +### Signal Line Settings + +* **Signal Type (`InpSignalType`):** + * `SIGNAL_DELAY_1BAR`: The classic Ehlers method (fastest trigger). + * `SIGNAL_MA`: Allows using a moving average as the signal line. +* **Signal Period (`InpSignalPeriod`):** The period for the MA signal line (if `SIGNAL_MA` is selected). +* **Signal Method (`InpSignalMethod`):** The averaging method (SMA, EMA, etc.). ## 5. Usage and Interpretation @@ -42,12 +50,10 @@ The Cyber Cycle is a **timing tool for cycle reversals**. ### Signal Line Crossover -* **Buy Signal:** The **Cycle line crosses above the Signal line**. This indicates the cycle has turned up. -* **Sell Signal:** The **Cycle line crosses below the Signal line**. This indicates the cycle has turned down. +* **Buy Signal:** The **Cycle line crosses above the Signal line**. +* **Sell Signal:** The **Cycle line crosses below the Signal line**. +* *Tip:* Using an SMA Signal Line (e.g., Period 3) can provide smoother crossovers than the classic 1-bar delay, reducing false signals in choppy markets. ### Trend Filter Rule (Critical) -The Cyber Cycle removes the trend component. Therefore, trading its signals against a strong trend is risky. - -* **Uptrend:** Only take **Buy signals** when price is above a long-term MA (e.g., 200 EMA). -* **Downtrend:** Only take **Sell signals** when price is below a long-term MA. +The Cyber Cycle removes the trend component. Therefore, trading its signals against a strong trend is risky. Always trade in the direction of the higher timeframe trend.