iCinDERTM V2 Cycles indicators (V2s, V2i and V2m) are velocity kind of cycle indicators. On this identical plot, the Ranger for V2 can also be plotted.
The V2s, V2i and V2m journey in a cycle style (sine wave) from low excessive to excessive excessive. In our instance, the (A) are exhibits a crossover from damaging to optimistic — that is usually, the realm of affirmation for a bullish bias. The marker (B) exhibits the V2s transferring from optimistic to damaging — that is usually, the realm of affirmation for a bearish bias. The marker (C)(E) exhibits all 3 V2 cycles transferring upward — once more, this can be a bullish bias and the reverse can also be true — when the three cycles verify a transfer downward, it signifies a bearish bias. (Marker (D).
Now, Marker (F), you discover that there are values related to every of the V2 ranges. The V2s degree is definitely purple and sitting behind the worth 132.99. These values are laborious to see when you’re additionally displaying the Ranger values, we propose to plot the Ranger values as clear.
The values are as follows:
- V2s = 193
- V2i = 277.51
- V2m =238.74
What do these values imply or indicate? For the minor cycle to cross zero it has to drop 193 factors. For the Intermediate (V2i) cycle to cross zero, it has to drop 277.51 and for the Major cycle to cross zero, it has to drop 238.74. As the cycles strategy the zero, they have a tendency to get nearer to one another when there’s an precise reversal of pattern. However, when solely the V2s is above zero and the V2i and V2m stay beneath zero – the possible situation is a steadiness space or consolidation.