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Chart Lesson: 11
Brugler Cycle Indicator (BCI) |
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The BCI is a trend-following system, designed to spot trading cycle turns. It is especially effective in strongly trending (high ADX) markets. The BCI pattern requires 2 consecutive closes outside the line, followed by a correction on day 3, 4 or 5 in the opposite price direction. A close beyond the opposite line, on the correction, invalidates the signal. |
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