PROTECTED SOURCE SCRIPT
itradesize /\ Time Cycles x Zeussy
Updated
I created this script based on Zeussy's & TOTK time cycle tweets.
The base 90-minute cycle starts at 2:30 AM NY time. For the best outcome, trade only during the New York AM & PM cycles. If you are a London trader, use mainly the Asian high and low instead of those 90-minute cycles as the algorithm mostly refers to them instead of the 90M cycles high or low.
In the current time cycle, we use the high and low of the previous cycle(s) to determine order flow.
During the current time cycle, IPDA refers to the previous cycle(s) as high or low. How the price reacts to these price levels is crucial for measuring order flow.
Every turning point in the market is timed and predetermined beforehand. The importance of timing can be seen by glancing at the history of the charts.
To measure order flow, we look for the following signs of reversal or continuation:
- If the price was bullish but does not find support at the previous cycle's high after breaking above it, it is the first warning sign that the order flow is potentially changing.
- If the price was bearish but does not find resistance at the previous cycle's low after breaking below it, it is the first warning sign that the order flow is potentially changing.
- If the price is bullish, then it should find support at the previous cycle's high after breaking above it.
- If the price is bearish, then it should find support at the previous cycle's low after breaking below it.
Each cycle has its Accumulation, Manipulation, and Distribution (AMD) characteristics within the larger sessions.
Even smaller cycles have these characteristics too. You can divide them further or add them up to get a more complex picture.
The indicator primarily shows the 90-minute cycles, but you can also view the multiples of 90-minute cycles to get a higher 270-minute picture. You can even divide them further into 30-minute cycles. (These 30-minute cycles can also be divided into 10-minute cycles.)
The AM sessions are from:
- 07:00 - 8:30
- 8:30 - 10:00
- 10:00 - 11:30
The PM sessions are from:
- 11:30 - 13:00
- 13:00 - 14:30
- 14:30 - 16:00
Regarding the features of the indicator, you can show the cycles as dividers or use boxes to highlight them.
The indicator also comes with a pivot high & low for the 90-minute cycles, which means the script automatically lengthens the high or low of the former 90-minute cycle until it's taken. If it has not been taken until the 90-minute cycle ends, it stops drawing.
The base 90-minute cycle starts at 2:30 AM NY time. For the best outcome, trade only during the New York AM & PM cycles. If you are a London trader, use mainly the Asian high and low instead of those 90-minute cycles as the algorithm mostly refers to them instead of the 90M cycles high or low.
In the current time cycle, we use the high and low of the previous cycle(s) to determine order flow.
During the current time cycle, IPDA refers to the previous cycle(s) as high or low. How the price reacts to these price levels is crucial for measuring order flow.
Every turning point in the market is timed and predetermined beforehand. The importance of timing can be seen by glancing at the history of the charts.
To measure order flow, we look for the following signs of reversal or continuation:
- If the price was bullish but does not find support at the previous cycle's high after breaking above it, it is the first warning sign that the order flow is potentially changing.
- If the price was bearish but does not find resistance at the previous cycle's low after breaking below it, it is the first warning sign that the order flow is potentially changing.
- If the price is bullish, then it should find support at the previous cycle's high after breaking above it.
- If the price is bearish, then it should find support at the previous cycle's low after breaking below it.
Each cycle has its Accumulation, Manipulation, and Distribution (AMD) characteristics within the larger sessions.
Even smaller cycles have these characteristics too. You can divide them further or add them up to get a more complex picture.
The indicator primarily shows the 90-minute cycles, but you can also view the multiples of 90-minute cycles to get a higher 270-minute picture. You can even divide them further into 30-minute cycles. (These 30-minute cycles can also be divided into 10-minute cycles.)
The AM sessions are from:
- 07:00 - 8:30
- 8:30 - 10:00
- 10:00 - 11:30
The PM sessions are from:
- 11:30 - 13:00
- 13:00 - 14:30
- 14:30 - 16:00
Regarding the features of the indicator, you can show the cycles as dividers or use boxes to highlight them.
The indicator also comes with a pivot high & low for the 90-minute cycles, which means the script automatically lengthens the high or low of the former 90-minute cycle until it's taken. If it has not been taken until the 90-minute cycle ends, it stops drawing.
Release Notes
- Added feature: CE and 0.25 levels to the 270M and 90M Cycles
- Now works on sec charts
Release Notes
- Added feature: only to draw today’s sessions (to have a more cleaner view)- Added customization to cycle dividers, quadrants, eq, borders, etc.
Release Notes
- Removed(changed): Pivot hi-lo lines- Added feature: Cycle hi-lo horizontal lines
- New feature:the current cycle border, hi/lo lines, and quadrants are drawn upon completion of the cycle to maintain a cleaner chart.
- New feature: Current cycle high & low candles that can be extended until the upcoming cycle or current time. It is only visible on the 1m timeframe.
- New feature: Preset selector
You can now select the 'Zeussy' option if you wish to use the preset based on Zeussy's preferences.
Alternatively, select 'Custom' if you want to use your own customizations as you're used to.
Release Notes
- Chart fixRelease Notes
- Added feature: Gap boxes (now you can gap the boxes (M30 ,M90, M270) to make the chart even cleaner) - Added feature: You can decide which H/L candle you would like to choose M1, M2, or M3, and the maximum timeframe where you would like to show it up.
Release Notes
- 30M Cycles now available on the seconds chartsRelease Notes
- Added labels to 90-minute cycles Release Notes
- Added 30M inside dividers: now you can use 30M dividers only inside the 90M cycles
Disclaimer
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