Category Oscilators  Published on 09/01/2014

Sinewave

Description

This indicator tries to determine the current phase of the cycle you are in, has an advantage over other oscillators such as RSI and Stochastic because it predicts rather than waits for confirmation. SW gives entry and exit signals 1/16th of a cycle period in advance of the cycle turning point and seldom gives false whipsaw signals when the market is in a trend mode.

 


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simons847's avatar
simons847

Joined on 13.08.2012

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Sinewave.algo
  • Rating: 5
  • Installs: 4429
  • Modified: 13/10/2021 09:54
Comments
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Timmi's avatar
Timmi · 9 years ago

Not sure if I am interpreting correctly, but I see 3 good predictions and at least 3 wrong signals.