Consecutive Closes

We have determined that markets don't go straight up or down forever. They all turn, which is what we call Cycles. 

The consecutive close model suggests that the market will go 3 to 4+ consecutive close in a row, and then the next bar could be an opposite close.

The model does not mean the move is over; it is just a setback is anticipated, and you can make money both on a fade and momentum pattern.

There are several trades to consider when we see this model; if the market has moved up 3+ consecutive closes or more, then this model suggests:

  1. To reach (Go Fish) for a  fill price to start the fade. 
  2.  To sell to fade the market, but just expect that there could be a setback coming and to get ready to enter in the direction of the closes using another Alpha Hunters Trade Model, for example. 
  3. Look for an Jordan Entry Model.
  4.  Entry set up. Meaning if the market was moving up, then we have the first red down close, then the entry would be a buy stop at the open of the red down close bar or the high of that bar. The protective stop would be close or low to the red down bar if filled. 

Our work has shown that markets do not go straight up or down forever.

The correct and move the other way for another cycle count. You may expect 1 to 4 bars in one direction and then opposite close along the way.


Settings -

Threshold(s) = The number of consecutive closes the market makes in one direction. The colors can be set up to change to bring attention to this model.


Chart view using the above settings -


What we look for? 

Once we see the market have 3 + closes in the same direction, we will start to anticipate an opposite close. 

This does not mean the market is reversing, but rather that it can for a small amount a time and price. 




Momentum: 

Reversals: 


Cycle Trader Pro is a complete trading software company that has created many custom indicators that show momentum and cycle reversals better than most others. We build custom auto order entry and exit applications, and auto trade system strategies.

The overall purpose of the Cycle Trader has been to continue to create trading indicators to show market momentum & reversals better than most other indicators. To create trading models to help traders understand what pattern the market may be in at the time to help them make the best choice in direction at the time.

We have designed trading apps to help traders save money entering and exiting positions. The goal was to make the trading apps automatically handle orders after entry. This way, you our traders could concentrate more on the direction of the markets than placing orders all the time. Then we added value for each trade from start to finish displaying personal trade data. The trade data with the CycleTraderPro apps is data one would not expect from others apps.

We run all the indicators, charts, Go Fish Pro and the Auto Entry on NinjaTrader

We offer just the indicators on MetaStock, TradeStation, MetaTrader and MultiCharts

Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.