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Pi-cycle

HOW-TO: Cosmic Pi Cycle #3This HOW-TO tutorial will show how to use markers and the channel fill to re-enter and exit positions. 🪐 SETTINGS (Indicator 1) Mult: 1.25 Top Markers: ON Bottom Markers: OFF 🪐 SETTINGS (Indicator 2) Mult: 0.9 Top Markers: OFF Bottom Markers: ON 👩‍🏫 COMMON PATTERNS 🗠 A After the appearance of a fake primary top marker the price level at the time of the marker (horizontal bar) is successfully tested from below. This is a bullish signal. 🗠 B Following a large bullish trend after the appearance of a false primary top marker, the appearance of a secondary top marker together with the gradual stabilization of the price is a bearish signal. 🗠 C & D Similar to the testing of the price at "A" but here the price is tested from below. The general strategy is to short when the price drops below the level indicated by the horizontal bar (the price at "C" when the price reverses at the edge of the channel). 🗠 E, F & G Favorable times to enter long positions is when the price drops sharply and touches the borders of the channel from above. Generally if you find appropriate Mult values using the markers you will also enable the channel to display accurate support and resistance levels.
AMEX:SPYEducation
by cosmic_indicators
HOW-TO: Cosmic Pi Cycle #2This HOW-TO tutorial will show how to use both markers and the channel to successfully predict price reversals. 🪐 SETTINGS (Indicator 1) Mult: 1.55 Top Markers: ON Bottom Markers: OFF 🪐 SETTINGS (Indicator 2) Mult: 0.85 Top Markers: OFF Bottom Markers: ON 👩‍🏫 COMMON PATTERNS 🗠 A & G As price stabilizes after a volatile trend and is about to re-enter the Pi Cycle channel the secondary markers confirm the anticipated entry. The suggestion is that volatility will resume but there are no hints as to the direction of the next trend aside from the general angle of the price entry into the channel. 🗠 B, C, D, E & H The Pi Cycle channel itself is a great way to predict price reversals. The price approaching or touching the borders of the channel, inside and out, is an indication that a price reversal is likely. 🗠 F A false primary marker reversal signal is easy to spot because here it appears after the bullish price momentum reverses and the price begins to fall. The general rule for using primary markers is that they are effective before a price reversal and no new highs or lows should be made after its occurrence.
TVC:SILVEREducation
by cosmic_indicators
HOW-TO: Cosmic Pi Cycle #1This HOW-TO tutorial will show how to setup the Mult value and how to use primary and secondary markers. 🪐 SETTINGS (Indicator 1) Mult: 1.7 Top Markers: ON Bottom Markers: OFF 🪐 SETTINGS (Indicator 2) Mult: 0.85 Top Markers: OFF Bottom Markers: ON 👩‍🏫 MULT The Mult value has to be set anew for every symbol / timeframe combination. The way to set the Mult correctly is to look at the span of the entire chart and through trial and error decide where the markers look the most correct (🗠 A, C & E) . You can also look at the channel fill and set the Mult so that the highs and lows hit around the borders of the fill (🗠 F, G, H & I) . 👩‍🏫 MARKERS Primary (circle) markers make sense either when the price flattens out or when they appear at or near the very extreme of a steep price rise or fall. If a primary marker appears in the middle of a bullish (🗠 B) or bearish (🗠 D) trend you can wait until the possible appearance of a secondary (square) marker (🗠 C & E) to better estimate any major price reversals. Note that since secondary markers are a weaker signal than primary markers, the price reversal signals they may give can be related to smaller trends than those of the primary markers.
NASDAQ:NDAQEducation
by cosmic_indicators