Nik Price Cycle

Every script follow a pattern in their price cycle. This can be defined by division of price cycle. Division line will act as pivot point .Above this bar this any price movement is indication of bullish trend while below this line any price movement is indication of bearish trend . This Nik price signal will give great result in combination of magicsignal which is also one of our developed signal. Although we have included various calculation for analysis purpose in this indicator. i suggest to go in setting and uncheck all channel lines and shapes for getting clear picture of trend and entry point. for more details on how to use this indicator people can message us
Release Notes: addition of price bar which acts as stoploss
Release Notes: new parameters added
Release Notes: new parameters
Release Notes: new parameters

Open-source script

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