Sign up for tips & tools and receive a free scanning tool!

The right tool for the job. If we don't have it, we can make it!

Cycle Turning Points

Be the first to review this product

* Required Fields

Share This
Our Price: $249.95

Ninja Trader




The TT3 Cycle Turning Point Indicator displays the timing patterns of pivot highs and lows in the form of green downward-pointing chevrons above the timing line for a pivot high and red upward-pointing chevrons below the timing line for a pivot low. This tool initially plots a half-size tentative turning point chevron when it suspects the presence of a swing high or low. This tentative plot may move as new pivot highs or lows are achieved, negating the previous tentative plot.

Tentative chevrons only occur for the most recent prospective turning point. Once a tentative turning point chevron is confirmed, the chevron changes from half-size to full-size and its position in time is locked into place.

The input, SENSITIV, is the same SENSITIV value also used in many other Traders' Toolbox swing-based studies, such as the ZigZag, AutoFib, and Linear Regression Channels studies. A SENSITIV value of 1 will display the timing patterns representing swings of the smallest magnitude, while a SENSITIV of 10 will display the timing patterns of only very major swings. To display roughly 5 to 8 swing turning points in a chart window, a SENSITIV value of around 4 will work with charts of any tradeable in any price range, using a chart bar spacing of around 6.

By observing the timing patterns of the cycle turning point chevrons, the user can identify repetitive cycles in the price swings. Some traders like to run the TT3 Cycle Turning Points indicator in two or more subgraphs, each with a different SENSITIV setting, in order to be able to observe both major and minor cycle behavior.

Available on:





More Views

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Full Risk Disclosure

make up wisuda make up jogja prewedding jogja prewedding yogyakarta berita indonesia