The Dynamic Cycle Explorer indicator for Metatrader 4 provides excellent buy and sell trading signals based on dynamic cycles that frequently occur in the Forex market.
The indicator appears in a separate MT4 chart window in the form of an oscillator without extreme borders.
Dynamic Cycle Explorer is a signals indicator that can be used in multiple ways.
Trade Example
- A buy signal occurs whenever the blue colored dot appears on the chart.
- A sell signal occurs whenever the magenta colored dot appears on the chart.
The Dynamic Cycle Explorer indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors, and exotic) and shows promising results if used correctly.
Free Download
Download the “dynamic-cycle-explorer-indicator.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The example chart below displays the Dynamic Cycle Explorer mt4 indicator in action.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the Dynamic Cycle Explorer Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signal oscillator
Does the indicator repaint? No.
Dynamic Cycle Explorer + XP Moving Average MT4 Strategy
Introduction
This MT4 strategy combines the Dynamic Cycle Explorer Forex Indicator with the XP Moving Average Indicator.
The Dynamic Cycle Explorer detects cyclical market movements and potential turning points, while the XP Moving Average highlights the overall trend direction.
By combining these indicators, traders can capture high-probability trend-following opportunities.
This strategy works best on 15-minute, 30-minute, and 1-hour charts and is suitable for intraday and swing traders who prefer rule-based setups.
Buy Entry Rules
- The XP Moving Average is green, indicating a bullish trend.
- The Dynamic Cycle Explorer must turn back above the zero level from below.
- Enter a long trade at the close of the candle, confirming both indicators.
- Stop Loss: Place below the most recent swing low or 20–25 pips below entry.
- Take Profit: Set at the next significant resistance level or use a risk-to-reward ratio of 1:2 or higher.
Sell Entry Rules
- The XP Moving Average is red, indicating a bearish trend.
- The Dynamic Cycle Explorer must cross back below the zero level from above.
- Enter a short trade at the close of the candle, confirming both indicators.
- Stop Loss: Place above the most recent swing high or 20–25 pips above entry.
- Take Profit: Set at the next significant support level or use a risk-to-reward ratio of 1:2 or higher.
Advantages
- Provides clear buy and sell signals, reducing ambiguity.
- XP Moving Average confirms trend direction, improving trade accuracy.
- Dynamic Cycle Explorer identifies optimal entry points based on market cycles.
- Applicable to multiple currency pairs and timeframes.
Drawbacks
- XP Moving Average is lagging, which can delay entry signals.
- May produce false signals in sideways or choppy markets.
Example Case Studies
Case Study 1 – EUR/USD 15m
The XP Moving Average was sloping upwards and green, confirming a bullish trend.
The Dynamic Cycle Explorer showed a bullish crossover.
A buy trade was entered at 1.1050. Stop loss was placed at 1.1025, 25 pips below the entry.
Take profit was set at 1.1100, 50 pips above entry.
The trade reached the take profit target, yielding a 2:1 risk-to-reward ratio.
Case Study 2 – GBP/JPY 30m
The XP Moving Average was sloping downwards and red, confirming a bearish trend.
The Dynamic Cycle Explorer showed a bearish crossover.
A sell trade was entered at 153.50. Stop loss was set at 153.80, 30 pips above entry.
Take profit was set at 152.50, 100 pips below entry.
The trade successfully reached the take profit, yielding a 3.33:1 risk-to-reward ratio.
Strategy Tips
- Confirm the trend on higher timeframes before taking trades on lower timeframes.
- Adjust stop loss and take profit levels according to pair volatility.
- Consider using trailing stops after partial profit targets to maximize gains.
Combining the Dynamic Cycle Explorer and the XP Moving Average provides a systematic MT4 strategy.
It offers precise entries, stops, and targets while reducing false signals, making it a strong option for trend-following traders.
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Download the “dynamic-cycle-explorer-indicator.mq4” indicator for Metatrader 4
