I have mostly completed my programming of gold's four hour cycle and can begin to show you what I have come up.
This second screen shot is just a closer look at our current weekly cycle. You will notice that within the past couple of daily cycles (plum arrows) there were 3 four hour cycles (blue arrows) of approximately 40 bars each. And, currently we are experiencing the third four hour cycle of the current daily cycle. At this magnification it is easier to see which four hour cycles were left/right translated as identified by the red/green dots.
Finally, the third screen shot adds the True Strength Index (TSI) indicator below price in the indicator panel. The familiar blue arrows spot the four hour cycle lows and the plum arrow spots the most recent daily cycle low.
On the True Strength Index (TSI) indicator itself, the green dots locate the trend line break BUY signals. The plum dots locate the trend line break SELL signals. The cyan colored arrow points to the positive divergence BUY signals. The magenta dots along the top spot the negative divergences between the indicator and price above and red dots (not seen in this example) spot the nose bleed SELL signals where the TSI reaches a reading in excess of +.80.
Several mornings ago I awoke to see what gold was doing and was really disappointed to see it drifting higher and higher from $1740 to $1750 to $1750 and nearing $1760. The reason I was disappointed was that I knew gold was on about the 37th 4 hour bar and should be dropping into its cycle low around bar 40. I thought to myself - oh wow - I did all this work and the software doesn't work after all.
Then I get to school a couple hours later and take another peek.
I could NOT believe my eyes. There was a red candle dropping gold $60 and right on schedule. Are you kidding me?