Author: Witold Wozniak
If you’re looking to enhance your trading strategy, the Stochastic Cyber Cycle is an indicator you should definitely consider. Unlike the standard Stochastic oscillator, which relies on fixed price series calculations, the Stochastic Cyber Cycle takes a different approach by basing its values on the Cyber Cycle custom indicator. This clever tweak allows it to adapt to the ever-changing market conditions.
One of the key drawbacks of the traditional Stochastic oscillator is its inability to respond effectively to market cycles and volatility. It operates on a static calculation period, which can leave you at a disadvantage in fast-moving markets. The Stochastic Cyber Cycle, however, adjusts to current market volatility, giving you a more accurate reflection of market dynamics.
This innovative indicator is inspired by John Ehlers' insightful article, "Using The Fisher Transform", published in November 2002 in Technical Analysis Of Stock & Commodities. The trading system built around this indicator mirrors the functioning of the Stochastic oscillator and the RSI, making it a versatile addition to your toolkit.
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