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Originally Posted by Newman
I was looking for the Sinewave indicator also and couldn't find it. Comparing the tradestation code and the code for the Instant Trendline.mq4, the first two thirds are the same. I added code and I am posting the indicator. Note that the result seems to be more jagged than it should, so I don't know if it's right. Does anybody have any suggestions?
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Hi Newman
The jagged results you obtain are caused by the fact that there are no discernible cycles at the time..you will see almost perfect cycles at times followed by minitrends that cause the jagged results you see
It is interesting to use sinewave(or cybercycle) jointly with the instantaneous trendline,mama,and frama..then it becomes discretional but you have all the important info at your fingertips..there are several ,free,papers by ehlers on his website
www.mesasoftware.com
Hope it helped
Simba