The CMC (Corrective Market Cycle) Indicator is a rules-based trade setup tool that identifies high-probability reversal points after trending streaks. By combining moving average conditions, streak detection, and ATR-based risk/reward levels, this indicator provides clear entry signals with predefined stop loss and profit targets.
Key Features:
✅ Trend Streak Detection – Monitors when price maintains a streak above or below short-term moving averages, then flags the first corrective setup.
✅ Trigger Signal – Generates a cyan arrow when the first valid CMC condition occurs (high below 8-bar MA of lows after an uptrend).
✅ Automatic Trade Levels – On trigger bars, the script plots:
• Entry Price (violet dot)
• Stop Loss (red dot, -1 ATR)
• Profit Target 1 (green dot, +1 ATR)
• Profit Target 2 (dark green dot, +2 ATR)
✅ ATR-Based Risk Control – Dynamic stop and targets adjust to volatility, keeping risk proportional.
✅ Clean Visuals – Arrows and dots make trade setups easy to spot in real time without chart clutter.
Perfect For:
Traders who want a structured entry/exit framework that removes guesswork. Ideal for swing and intraday traders looking for disciplined setups with built-in risk/reward planning.
The CMC (Corrective Market Cycle) Indicator is a rules-based trade setup tool that identifies high-probability reversal points after trending streaks. By combining moving average conditions, streak detection, and ATR-based risk/reward levels, this indicator provides clear entry signals with predefined stop loss and profit targets.
Key Features:
✅ Trend Streak Detection – Monitors when price maintains a streak above or below short-term moving averages, then flags the first corrective setup.
✅ Trigger Signal – Generates a cyan arrow when the first valid CMC condition occurs (high below 8-bar MA of lows after an uptrend).
✅ Automatic Trade Levels – On trigger bars, the script plots:
• Entry Price (violet dot)
• Stop Loss (red dot, -1 ATR)
• Profit Target 1 (green dot, +1 ATR)
• Profit Target 2 (dark green dot, +2 ATR)
✅ ATR-Based Risk Control – Dynamic stop and targets adjust to volatility, keeping risk proportional.
✅ Clean Visuals – Arrows and dots make trade setups easy to spot in real time without chart clutter.
Perfect For:
Traders who want a structured entry/exit framework that removes guesswork. Ideal for swing and intraday traders looking for disciplined setups with built-in risk/reward planning.
