Savior Colors Indicator - Advanced Cyclical Analysis Tool

🌌 "Master Market Cycles - Predict with Precision!"

📌 Overview

The Savior Colors Indicator is a sophisticated technical analysis tool that combines Hurst Cycle Theory with multiple harmonic wave patterns to identify market cycles and potential turning points. This MT4 indicator plots six distinct waves in separate colors, providing traders with a comprehensive view of market rhythms across different timeframes.

🔧 How It Works

The indicator applies a complex mathematical model based on sine wave harmonics:

Generates 4 harmonic waves:

w1: Fast cycle (8x frequency)

w2: Medium cycle (4x frequency)

w3: User-adjustable cycle (2x frequency)

w4: Slow cycle (base frequency)

Combines waves to create:

Cycle Line: Composite of all waves (Red)

Hurst Cycle: Smoothed composite with trend adjustment (White)

Calculates cyclical extremes using:

Wave amplitude normalization

Trend coefficient adjustment

⚙️ Indicator Settings

Core Parameters

ParameterDescriptionRecommended Value

StartTimeAnalysis start dateRecent major swing point

wave2Wave 3 amplitude multiplier3 (default)

wave_lengthBase cycle length243 bars (default)

trendTrend direction filter1 (bullish), -1 (bearish)

Advanced Settings

ParameterFunction

phaseWave phase adjustment (-90 default)

strStrength coefficient (1 default)

koefNormalization factor (486 default)

📈 Trading Strategies

✅ Cycle Identification

Red Cycle Line: Composite wave showing overall market rhythm

White Hurst Cycle: Smoothed version for clearer signals

✅ Turning Points

Watch for wave convergence where all colored lines meet

Extreme divergences between waves signal potential reversals

✅ Multi-Timeframe Confirmation

Use shorter wave_length for intraday trading

Longer wave_length for swing/position trading

🔍 Unique Features

✔ Multi-wave analysis - 4 harmonic waves + 2 composite waves

✔ Customizable cycles - Adjust to any market's rhythm

✔ Visual clarity - Color-coded for easy interpretation

✔ Mathematically precise - Based on sine wave harmonics

📢 Final Words

"From chaos comes order - trade the cycles, not the noise!"

The Savior Colors Indicator provides traders with a powerful framework for understanding and capitalizing on market cycles across all timeframes.

Happy Trading! 🚀

— REZA.KH 2025 | www.robomql.com

Appendix: Wave Color Guide

Red: Composite Cycle Line

Gold: w1 (Fastest cycle)

Blue: w2

Green: w3

Brown: w4 (Slowest cycle)

White: Hurst Cycle (Smoothed composite)