Indicator Overview
The AE Cycle Bands consist of 6 different onchain indicators.
Different onchain indicators play different roles here as 3 are used for determining tops, while the other 3 are used for determining bottoms only.
Cycle bands represent the average value of these indicators. The oscillator itself is both normalized, and range adjusted to fluctuate between 0 and 1.
How To Use This Indicator
When the Cycle Bands Oscillator reaches bottom range, it signals an oversold market and a good accumulation zone.
Hitting the top range signals investors to act with caution and consider taking profits, as it's an indication of market overheating.
Created By
Alpha Extract in March 2024