基于市场周期指标的交易 (Trade based on Market Cycle Indicator)

1. Market Cycle indicator is above zero (with default settings it is a blue histogram bar)
2. A bullish pin-bar is formed. A bullish pin-bar has a long lower wick and a small upper wick, and its body size is a few times smaller than its lower wick. The body of a bullish pin-bar could be either bullish or bearish.
3. The previous bar of the pin-bar is bearish.
4. The low of the pin-bar must be lower than the low of the previous bearish bar.

Sell signal conditions:

1. Market Cycle indicator is below zero (with default settings it is a red histogram bar)
2. A bearish pin-bar is formed. A bearish pin-bar has a long upper wick and a small lower wick, and its body size is a few times smaller than its upper wick. The body of a bearish pin-bar could be either bullish or bearish.
3. The previous bar of the pin-bar is bullish.
4. The high of the pin-bar must be higher than the high of the previous bullish bar.

Stop loss:

1. For buy position, set the stop loss below the lower wick of the pin-bar minus the average of spread.
2. For sell position, set the stop loss above the upper wick of the pin-bar plus the average of spread.

Take profit:
I personally close the position when the next bar (after the pin-bar) is closed.

--- Update 2020-03-04---
Version 1.05 of the indicator released.