PRO Sinewave OSC

PRO SINEWAVE IS BASED ON ADVANCED CYCLE ANALYSIS :
It watches the prices movements and see if there is cyclical components in it or not (a market that is not cyclical is basically in trend (either buyers or sellers are predominant).
The indicator then studies those price cycles and process them through a sophisticated algorithm (3 years of day by day improvements) that is detecting the ones that can produce high probabilty of reliable action.
There's no magic.. just a lot of quality work. Of course using algorithmic signals requires mastering them... And this means you'll have to get through practicing and learning instead of thinking about free easy money ! Nothing can be that easy but the rules aren't that complicated either ! Read this step by step tutorial may already give you a glimpse of the first key rules and personnal tips I'll share with you !..

This indicator setup is quite efficient all by itself but of course this is highly recommanded to combine it with another technical indication that have uncorrelated source. My first suggestion is of course to combine with momentum Analysis and that's why I personnally use Sinewave in a very strong couple relation with PRO Momentum (currently recoding it in PineScript). But there are of course many other possibilities for people who don't need to have very complex momentum analysis They can rely on standard RSI or other momentum like oscilators.
An interesting combination can also be made with Volume Analysis through "Volume Profiles" & "Market Profile" approach. BUT this will be totally worthless to combine it with other complex price analysis like Ichimoku (Sinewave will give you better signals). Moving averages, bollinger bands , Keltner channel, and other volatility/averaging based indicators can help if you fancy them, but there's no obligation and I personally think that it's way better to keep the chart as clean as possible.. Combination are nearly infi-nite so.. be creative ! but please avoid typical indicator exceed charts.. Your trading signal must never come out of more than 3-4 indications. if you have more, then it's more chances to confuse you and lower the confidence you have in your positions... which is terrible.

Allright folks ! Hope I caught your interest with this indicator !
Don't hesitate to comment as well if you have any question suggestion or review to share. I'll answer to everyone !

Code is available via INVITE ONLY and can be unlocked by subscription plan.
THE PRICING IS A SYMBOLIC 1€/DAY + A FREE 1 WEEK TRIAL so you'll be sure not to get caught into something you don't like ! Only something you use daily !
Subscriptions are handled by Paypal and you can choose billing cycle from standard monthly payment to as low as the 1€ daily payment. Recurrent payments that you can stop at ANY TIME.
To get your access visit : www.pro-indicators.com

版本注释:

Added the cycle length as output (invisible on the chart) but you should see two values ouputted by the indicator. The first one is the oscillator value, the second one is the cycle length (in bars).
This value is the average cycle length calculated by the algo. it can be useful to give you a potential duration for your trade timings.

版本注释:

minor update.