Cycle indicator forex1/25/2024 Before writing this review, we did not want to touch on this issue, but it is apparently necessary to remind once again that the first group is the one that goes in the right direction, using specific formula (created specifically for the cyclic analysis) or physical laws (optimized for social processes).Īll other attempts to find cycles associated with moon phases, solar activity, etc. If you analyze the discussions on the trader forums, it becomes obvious that the community was divided into two camps – the “mathematicians and economists” and so-called “esoterics”. Which cycle indicators are not worth attention But since now the computing power of computers allows to work with absolutely any set of data, programmers were able to create more than one cycle indicator for MetaTrader platform. In the recent past, economic cycles were calculated only for the macroeconomic indicators such as GDP, production volume, etc. Cyclical fluctuations are an integral feature of many physical and social processes, and the foreign exchange market, where thousands of traders and investors commit certain actions every second, is no exception to this rule.
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