Hurst Cycle Channel Oscillator Advanced — Indicator Description

Hurst Cycle Channel Oscillator Advanced is a professional multi-cycle momentum indicator for cTrader based on the principles of Hurst cycle theory. Instead of measuring raw price momentum, it positions the current price within dynamically calculated cycle channels, giving traders a normalized view of where price stands within its natural cyclical movement.

Three Cycle Layers

The indicator calculates three independent cycle channels — Short, Medium, and Long — each built from an exponential moving average centered within an ATR-based envelope. The Short and Medium cycles drive the main oscillator, while the optional Long cycle provides a broader market context. All cycle lengths and their ATR multipliers are fully configurable.

Fast and Slow Oscillator Lines

The Fast line shows where the current price sits within the Medium cycle channel — a value above 0.5 means price is in the upper half of its cycle, below 0.5 means the lower half. The Slow line represents the midpoint of the Short cycle channel relative to the Medium cycle, acting as a smoother reference. Together they create a dual-line oscillator similar in structure to MACD but grounded in cycle geometry.

Cycle Cloud

An optional cloud fills the area between the Fast and Slow lines. A green cloud forms when Fast is above Slow (bullish cycle bias), a red cloud when Fast is below Slow (bearish cycle bias). The cloud makes the relationship between the two cycle layers instantly readable.

Momentum Histogram

The histogram plots the difference between Fast and Slow lines with four-color momentum coding — bullish accelerating, bullish decelerating, bearish accelerating, bearish decelerating. This makes it easy to see not just direction but whether the cycle move is gaining or losing energy.

Cycle Phase Detection

The info table displays the current phase of the cycle: Bottom, Pre-Bottom, Recovering, Rising, Weakening, Post-Peak, Peak. This labeling is derived directly from the Fast oscillator value and its direction, giving traders a plain-language read of where the market is in its cycle.

Trend Strength

A configurable lookback calculates a normalized trend strength score based on how far the Fast line deviates from the 0.5 midpoint. The result is shown as a percentage in the info table.

Volatility Filter

An optional ATR-based volatility filter greys out histogram bars and bar colors when market volatility falls below a configurable threshold, preventing the oscillator from generating misleading signals during flat or choppy conditions.

Info Table

A compact on-chart table shows the current market state (Bullish, Bearish, Neutral, Extreme), Fast, Slow and Long oscillator values, cycle phase, trend strength percentage, and volatility filter status. Position and all colors are configurable.

Bar Coloring

When enabled, chart candles are colored based on the oscillator state — strong bullish, weak bullish, weak bearish, strong bearish, and extreme overbought/oversold. Extreme readings occur when the Fast line moves outside the 0.0–1.0 range, signaling a price breakout beyond the cycle channel.

Key Features Summary

• Three configurable cycle layers based on Hurst cycle theory
• Dual Fast/Slow oscillator normalized to cycle channel position
• Cycle cloud between Fast and Slow lines
• Four-color momentum histogram
• Automatic cycle phase detection with plain-language labels
• Real-time trend strength percentage
• ATR-based volatility filter
• On-chart info table with full market state breakdown
• Optional candle coloring
• All colors fully customizable with alpha channel support
• No repainting