This is source code can be run only in Forex Strategy Builder and Forex Strategy Trader platform (www.forexsb.com). This program is copyrighted and coded by Denny Imanuel and available for download.
image
Sine Wave Indicator, developed by John Ehlers, is a MESA indicators that utilizes 2 sine plots to depict if the market is in a trend mode or in a cycle mode. They call it a trend mode if the plots start to wander the market. The market is in the cycling mode if the 2 plots look like a Sine wave the market. In a trend mode the Sine Wave (green line) and Lead Sine (red line) plots typically weaken in a sideways pattern around the zero-point, running distant and parallel from each other. If the Sine plot crosses below the Lead Sine plot the sell signal is sent. A purchase signal is sent as the Sine plot crosses over the Lead Sine plot if the market is in cycle mode. It’s worth trading the trend if the market is in the trend mode.
Source Code: (C#)
Sine Wave.cs
Advertisement