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Market Cipher Free: Complete Guide to Free Alternatives and Trading Success in 2025

· 7 min read
Pineify Team
Pineify Team

Market Cipher has become one of the most sought-after trading indicator suites for cryptocurrency, forex, and stock traders, but its premium price point of $600 to $1,500 often puts it out of reach for many traders. The good news is that legitimate free alternatives exist that offer similar functionality without the hefty price tag.

Market Cipher on Chart

Understanding Market Cipher​

Market Cipher is a proprietary trading indicator suite designed for TradingView that combines multiple technical analysis tools into one comprehensive package. The official suite includes four main components: Market Cipher A (trend analysis with EMA ribbons), Market Cipher B (momentum oscillator), Market Cipher SR (support and resistance), and Market Cipher DBSI (momentum scoring system).

Market Cipher B stands out as the most popular component, combining five algorithms including WaveTrend, RSI, Stochastic RSI, Money Flow Index, and VWAP into a single oscillator. When these algorithms converge, the indicator displays green dots signaling potential buy opportunities and red dots indicating sell signals.

Why Traders Search for Market Cipher Free​

The primary reason traders seek free versions of Market Cipher is the substantial cost barrier. With a one-year membership priced at $600 and lifetime access at $1,500, many beginner and intermediate traders cannot justify this investment. Additionally, traders often want to test similar strategies before committing to a paid subscription.

The Reality of Free Downloads​

It's crucial to understand that Market Cipher cannot be "downloaded" for free through unofficial channels. The official indicator is an invite-only script on TradingView, making it nearly impossible to pirate. Any website or individual claiming to offer a free download of the actual Market Cipher is almost certainly attempting to install malware on your computer.

Best Free Alternatives to Market Cipher​

VuManChu Cipher B and A​

VuManChu Cipher represents the most legitimate and widely-used free alternative to Market Cipher. Available as open-source scripts on TradingView, VuManChu Cipher B combines RSI, market momentum, market volume, and money flow indicators to provide similar signals to the premium Market Cipher B.

VuManChu Cipher A mirrors the EMA ribbon functionality of Market Cipher A, featuring eight EMA ribbons that change color based on market trends and display various symbols for different market conditions. Both indicators are completely free to use on TradingView's platform.

Key Features of VuManChu Cipher​

The free VuManChu indicators offer several powerful features:

  • Green and red dots for buy and sell signals
  • Blue momentum waves showing overbought and oversold conditions
  • VWAP oscillator for trend confirmation
  • Money Flow Index for market sentiment analysis
  • Divergence detection capabilities
  • Full customization options for personal trading strategies
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How to Access and Use Market Cipher Free Alternatives​

Setting Up VuManChu Cipher on TradingView​

To access VuManChu Cipher for free, traders simply need a TradingView account (even the free version works). Search for "VuManChu Cipher B + Divergences" or "VuManChu Cipher A" in the TradingView indicators section to add these tools to your charts.

The indicators are immediately functional upon installation, though traders can customize settings according to their risk tolerance and trading style. The color-coded interface makes interpretation straightforward even for beginners.

Understanding the Signals​

VuManChu Cipher B generates signals through the convergence of multiple algorithms:

  • Green dots appear below the zero line when momentum indicators align bullishly, suggesting potential long entries
  • Red dots appear above the zero line when bearish momentum converges, indicating potential short opportunities
  • Blue waves crossing signal momentum shifts and potential reversals
  • Yellow VWAP line crosses indicate trend direction changes
  • Money Flow color changes from green to red show shifts in market buying and selling pressure

Maximizing Trading Success with Free Alternatives​

Combining Multiple Indicators​

While free alternatives like VuManChu Cipher provide substantial value, professional traders recommend using them in combination with other technical analysis tools. Pairing VuManChu Cipher with support and resistance levels, volume analysis, or additional momentum indicators can increase signal reliability.

Many traders find success by combining VuManChu Cipher with complementary indicators. If you're looking to create custom combinations tailored to your trading style, visual editors like Pineify allow you to merge multiple indicators into a single script without programming knowledge. This approach helps reduce chart clutter while maintaining access to all your favorite analysis tools.

Risk Management Essentials​

Regardless of which indicator traders use, proper risk management remains paramount. Setting appropriate stop losses, managing position sizes, and maintaining discipline separates successful traders from those who blow up their accounts. The indicators provide signals, but traders must implement proper money management strategies.

Backtesting Your Strategy​

Before risking real capital, traders should thoroughly backtest any strategy using VuManChu Cipher or other free alternatives. TradingView's replay feature allows traders to test how signals would have performed historically, helping identify which timeframes and market conditions work best for their approach.

For traders looking to take their backtesting further, tools like Pineify can help convert indicator signals into testable strategies without writing code. This allows you to see actual performance metrics including win rates, profit factors, and drawdowns—critical data that visual signals alone cannot provide.

Advantages and Limitations​

Benefits of Free Alternatives​

Free Market Cipher alternatives offer significant advantages:

  • Zero financial risk for testing and learning
  • Open-source code allowing for customization and transparency
  • Access to similar algorithmic combinations as premium versions
  • Active community support and documentation
  • No subscription commitments or recurring fees

Understanding the Limitations​

Free alternatives may lack certain refinements present in the premium Market Cipher. The official version includes proprietary optimizations, dedicated customer support, access to an exclusive Discord community, and regular updates from the development team. Additionally, free alternatives may have slight differences in signal timing or accuracy.

Taking Action​

For traders serious about improving their technical analysis without breaking the bank, exploring free Market Cipher alternatives represents a logical first step. Start by adding VuManChu Cipher B and VuManChu Cipher A to your TradingView charts, spend time understanding how the signals work across different market conditions, and develop a comprehensive trading plan that incorporates these tools with proper risk management.

As you progress in your trading journey, you might want to customize these free indicators to match your specific trading style. Whether you need to adjust parameters, combine multiple signals, or create automated entry and exit strategies, having the ability to modify and extend these tools becomes invaluable. This is where no-code solutions prove their worth—allowing you to iterate on your trading system without getting bogged down in programming syntax.

If the free alternatives prove valuable and you outgrow their capabilities, you can then consider upgrading to the official Market Cipher suite with confidence that the investment will serve your established trading strategy. Many successful traders have built profitable systems using nothing more than the free indicators available on TradingView.

Ready to elevate your trading game? Open TradingView today, search for VuManChu Cipher indicators, and start exploring how these powerful free tools can transform your market analysis. Remember that no indicator guarantees success—combine these tools with education, discipline, and sound money management to build sustainable trading results.