OPEN-SOURCE SCRIPT
UCS_Cycle
This indicator was designed to remove trend from price and make it easier to identify cycles.
Although this indicator has similarities to MACD. It is better used to identify the cycle of High and Lows based on the Statistical Data (Default is set to 25).
**** DO NOT USE THIS AS A MOMENTUM INDICATOR ****
Although this indicator has similarities to MACD. It is better used to identify the cycle of High and Lows based on the Statistical Data (Default is set to 25).
**** DO NOT USE THIS AS A MOMENTUM INDICATOR ****
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Uday C Santhakumar
Disclaimer
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