Cyclic Tools

Cyclic Tools are indicators that are built from a combination of the price data and the Phasing Analysis that has been performed on that data in a chart. These indicators can be plotted on the chart. They are called Tools in Sentient Trader (as opposed to indicators) because they are used as tools in the making of trading decisions, and to confirm the development of the Cyclic Model which is the result of the Phasing Analysis.

There are three Cyclic Tools:

FLD: Future Line of Demarcation
VTL: Valid Trend Line
Channel: Also called an envelope

Expand your knowledge

To truly understand Hurst's Cyclic Theory there is no question that you should study the original material. While the book The Profit Magic Of Stock Transaction Timing is a good starting point, you will want to work through the JM Hurst's Cycles Course for a full understanding.

Getting Started Roadmap for EOD Trial