I have been searching for Forex Cycle Indicator for few months and I have recently got it. I would like to share this software with you for free. It is simple to install Forex Cycle Indicator to your Metatrader. This indicator can be used for Metatrader 4 as well as Metatrader 5 Client. There are two types of cycle indicators that are a linear and a Fibonacci cycle indicator. I have attached Fibonacci cycle indicator below. You can take a look at the recent lows of EUR/USD on a 4 hour chart.
cycle-indicator-review
Click Here to Download A GREAT Trading Tool and Strategy For FREE
The space between these lows is very parallel. MT4 contains a built-in Fibonacci Time Zones Indicator and you can add it to your toolbar. I am manually using Fibonacci to forecast retracement. I scarcely observe a steady cycle in small time frames then I simply play in higher time frame like 4hr or daily. In my opinion, the best time frame is in 4hr. You just have to watch and be careful when high impact news will reach your destination within next 4 hours.
You are most welcome in our blogs and feel free to leave your valuable comments on Forex Cycle Indicator.