Beacon uses the current of the market based on your trading time frame to determine levels, whether a trend is intact or ready to revert back in the range. One of the most difficult things I went through as a trader was determining whether we are in a trend day or if we are in grind up or grind down mode. I created Beacon to give me a simple look at the market to determine what type of environment we are in. I use (3 standard deviation) to determine the cycle. Once the BB make peaks I took my tool and did a retracement from the peak high of the BB to the peak low. I use 70%, 50% and 30% for my levels. I use those levels because I tested pretty much every percent level and those percentages averaged the highest performance on all tick charts and time charts. You can use Beacon on whatever time frame or tick chart you are trading on and it will determine that specific cycle.