Sine Wave - SINWAV

Parameters:
- Sine Color - plot color
- Lead Color - plot color
- Sine Line Type - plot line type
- Lead Line Type - plot line type
- Label - The text to identify the plot
Description:
This is another John Ehler's indicator. There are no configurable
inputs. The data series used is (h+l)/2. When the market is in a
cycle mode (very rare) the indicator takes on a distinctive sine wave
pattern and
generates trading signals. When the market is in a trending mode the
lines tend to run in a parallel pattern in the direction of the
trend. More information can be found in Ehler's book: Rocket Science
for
Traders.
Formula Reference:
Syntax
|
SINWAV()
|
Function
|
Sine Wave
|
Example
|
SINWAV()
|
