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  • /Marketcycle

Marketcycle

Market Compass [yoxxx]For all markets and all timeframes, based on Constance Brown's observation, that rsi bull range is 40 to 80 and bear's 20 to 65 (almost strictly). The histogramm tells you which longer term market you#re in. The short term curves identify the wave within the trend (similat to EW impulse / corrective) incl. overdoing action Example: longterm= green, wave =red--> Bullmarket, corrective wave etc. (I locked this one to remind you that the length of the indicators are essential)
Pine Script® indicator
by dep0tyoxxx
22
1122
…999999

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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