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Quarterly Cycles [Daye's Theory]
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This is entirely based on quarters theory by Daye (traderdaye in Twitter). I'm merely the creator of the indicator and full credits for the underlying concept goes to Daye.
The idea is to split year, month, week and day into quarters at specific times which lead to PO3 (Accumulation-Manipulation-Distribution) cycles within those quarters.
They present in one of these two forms:
Q1. (A)ccumulation - Consolidation
Q2. (M)anipulation - Judas Swing
Q3. (D)istribution - Low Resistance Liquidity Run
Q4. (X) - Continuation/Reversal of previous quarter
(OR)
Q1. (X) - Continuation/Reversal of previous quarter
Q2. (A)ccumulation - Consolidation
Q3. (M)anipulation - Judas Swing
Q4. (D)istribution - Low Resistance Liquidity Run
As of now, the indicator assumes everything as AMDX, but if some clever idea comes in the future, I'll try to implement XAMD as well.
Similar to True Day Opens, there are True Monthly Opens, True Weekly Opens and True Session Opens, all of which form during the second quarters of those periods, all of which are marked by the indicator. For timeframes in H1 and below, the indicator shows weekly, daily and session quarter cycle phases. For higher timeframes, it shows yearly, monthly and weekly cycle phases.
The idea is to split year, month, week and day into quarters at specific times which lead to PO3 (Accumulation-Manipulation-Distribution) cycles within those quarters.
They present in one of these two forms:
Q1. (A)ccumulation - Consolidation
Q2. (M)anipulation - Judas Swing
Q3. (D)istribution - Low Resistance Liquidity Run
Q4. (X) - Continuation/Reversal of previous quarter
(OR)
Q1. (X) - Continuation/Reversal of previous quarter
Q2. (A)ccumulation - Consolidation
Q3. (M)anipulation - Judas Swing
Q4. (D)istribution - Low Resistance Liquidity Run
As of now, the indicator assumes everything as AMDX, but if some clever idea comes in the future, I'll try to implement XAMD as well.
Similar to True Day Opens, there are True Monthly Opens, True Weekly Opens and True Session Opens, all of which form during the second quarters of those periods, all of which are marked by the indicator. For timeframes in H1 and below, the indicator shows weekly, daily and session quarter cycle phases. For higher timeframes, it shows yearly, monthly and weekly cycle phases.
Информация о релизе
Updated AMDX to Q1-4 to avoid confusion.Информация о релизе
- Contextual quarter boxes - quarters will be automatically selected and boxes will be automatically switched (between foreground and background) based on timeframes. For example, session quarters cannot be displayed on H1 or above, so they disappear and daily quarters appear. Similarly, weekly quarters can be displayed as boxes in H4, so they aren't displayed in the filled boxes above.
- Colors are fixed across quarters and boxes will be switched to foreground or background accoding to the timeframe (opacity can be configured).
- Added options for Asia and PM sessions.
- True Day Open can be displayed on higher TFs and True Week Open can be displayed on lower TFs.
Информация о релизе
True Month OpenИнформация о релизе
Set open lines to grow alongside current candles.Информация о релизе
Micro-session quarters for M1Информация о релизе
Added True Micro-Session Opens for M1Информация о релизе
Move micro sessions quarter labels to start of quarterИнформация о релизе
Update to use ticker ID to avoid exchange issues.Информация о релизе
Enable/disable macro cycles with positioningИнформация о релизе
Fixes TMO bug, adds TYO and macro cycle for yearly quartersИнформация о релизе
Support disabling quarters within sessionsИнформация о релизе
Fix quarters on 1-min
If I've helped you somehow and you'd like to buy me a coffee, then here's my Tron (TRC20) address:
TL4nVSzFKqcuDE9uxPYZmizp2RdEUZseK8
TL4nVSzFKqcuDE9uxPYZmizp2RdEUZseK8
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