Indicators: Sine Wave

[Automated-Trading]

Sine Wave:

The indicator acts in a fully opposite way comparing to the adaptive moving averages during a trend market: in case of a definite trend, both indicator lines (Lead Sine and Sine Wave) move parallel to each other and show the trend direction by their location relative to each other; in case of a flat, the Sine Wave indicator quickly reacts on the market swing movements.

Author: Nikolay Kositsin

[Georgi Angelov]

Hi Nikolay,

I would like to ask if the sine wave is available/adaptable to MT4. My broker uses only this version of MT. I am very much interested in trading with the indicator.

 

Thanks

 

Georgii 

[dennisorina]

hallo. looks promising.