How to use MetaTrader to find market cycle

Price movement is a series of tops and bottoms, the price runs from one bottom/top to another is called a cycle and each cycle has the similar length. MetaTrader has an excellent tool to help you identify the market cycles.

Now we use EURUSD 4 hours chart to explain how to find the market cycle bottom.

Step 1: Run MetaTrader, look at the EURUSD chart and mark up the important bottoms.

market cycle 1.gif

Step 2: Press the “cycle line” button on the tool bar to draw a series of vertical line. Make sure every vertical line is near to the import bottoms.

market cycle 2.gif

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