cTrader Hurst Cycle Indicator free
Description
This is one of a few indicators that JM Hurts created in the 1970s based on a theory of market cycles, he describes the movement of the financial markets like the combination of an endless number of cycles with an allowance for some randomness and fundamental interaction.
How to Trade using the Hurst Cycle Indicator
We have included two PDF documents with the download to help you understand and trade with Hurst cycles, you can also read more about J.M Hurst's Cyclic Theory.
- Hurst White Paper.pdf
- Core Concepts of Hurst Cycles.pdf
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Formula / Source Code
using cAlgo.API; using System.Windows.Forms; namespace cAlgo { [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)] public class ClickAlgoIndicator : Indicator { [Parameter(DefaultValue = 0.0)] public double Parameter { get; set; } [Output("Main")] public IndicatorDataSeries Result { get; set; } protected override void Initialize() { var ret = MessageBox.Show("It is not possible to download the software from the cTDN website. Would you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information); if (ret == DialogResult.Yes) { System.Diagnostics.Process.Start("https://clickalgo.com/hurst-cycle-indicator"); } } public override void Calculate(int index) { // Calculate value at specified index // Result[index] = ... } } }
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