How I trade using Market Cycles

Here's how I trade using Market Cycles.

I use a custom made indicator, a weighted combination of Donchian, RSI & Stochastic RSI, called Market Cycle.

I use the Daily timeframe, looking for signals at the end of each trading day.
I have 2 Market Cycles: Using Daily data, and using Monthly data.

Buy signal:

Monthly MC is below 40, the Daily MC cross over 20

Sell signal:

Monthly MC is over 60, the Daily MC cross below 80. If the ATR is high, that's a stronger signal.

This strategy works best on stocks that trade in a range with a decent volatility and a decent volume.

Can be used to accumulate shares on long term investment and lower the average cost.

This is not an investment advice, use your best judgement and experience.