Hurst Cycles

Pejman

Well-known member
Joined
May 22, 2019
Posts
82
Likes
17
Hi
Is anyone uses Hurst Cycles study ?
Based on Hurst cycle for drawing valid trend line (VTL) for uptrend we connect to consecutive troughs and for downtrend we connect two consecutive peaks for specific cycle that VTL in drawing based on ,so why it is drawing downtrend like that ?(it connects two troughs instead of peaks)

26
 
To connect the Peaks, You have to add peaks. Add a Second hurst cycle and on the drop down menu in the indicator window choose peaks.
With this method you will have the indicator added to the chart twice. One version of the indicator will show peaks and the other will show troughs.
 

Attachments

  • Xnip2020-07-17_11-04-58.png
    Xnip2020-07-17_11-04-58.png
    206.7 KB · Views: 18
Top