bee Irwin Cycle

The bee Irwin Cycle indicator is a Normalised Double Smoothed Stochastic indicator. With a shorter period (say 15) it does a good job of identifying “cycles” (peaks and troughs) with minimal apparent lag. With a longer period (say 250) it does a reasonable job of identifying the prevailing trend.

Operativity: As every other oscillator, it presents an over-bought and an over-sold area. When the indicator crosses above the over-sold trigger line (green) it generates a long signal. When the indicator crosses below the over-bought trigger line (red) it generates a short signal.