Market Change Cycles MT5

Market Change Cycles - calculates the position of the price not only in relation to MaxHigh and MinLow, but also displays the difference between them from the opening price, which allows you to take market volatility into account when creating a strategy

How similar are the Market Change Cycles and the Stochastic Oscillator?

• The closer the histogram value is to the upper line (the upper blue line in screenshot №1) - the closer the value of Stochastic Oscillator will be to 100
• The closer the histogram value is to the lower line (the lower blue line in screenshot №1) - the closer the value of Stochastic Oscillator is to 0

What are the benefits of Market Change Cycles?

• The ability to divide the Stochastic Oscillator signals into two categories: from the flat and trend zones
• Multicurrency and multitimeframe panel for both MCC and Stochastic Oscillator

For example, as one of the options, this indicator can be used as a filter of signals of the standard Stochastic Oscillator indicator as follows:

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