I’ve been using Market Cipher for a while and I want to point out an amazing feature that’s been helping me determine fair stop losses that I don’t think exists in any other indicator.
I entered on the trigger wave that the yellow arrow is pointing at and set my stop loss directly under the yellow circles in Market Cipher SR. The price came right to those yellow circles and immediately reversed. That’s a pretty amazing tool for figuring out where to put limit orders or stop losses. I’ve been able to crank leverage without worrying if I’m going to get stopped out too quickly. Thanks MC.