Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Mô tả
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This is the Even Better Sinewave indicator with two cycle:
Cycle=9: to find out the signals entry/exit points and reversals.
Cycle=36: to be analyzed, tells us where the dominant cycle is heading.
The Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers. It uses a simple variant of the roofing filter and normalization to the short term power in the wave to provide unambiguous long and short indications.
This is by far the best indicator I've ever used! You've done such a good job. Thank you ...
moshux
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Hello, Looks good, thanks for this ! Code is not shared. Fine but, is-it possible to have the parameters and business rules that were used because I feel like it is not the actual Hilbert Sinewave ? Smooth = ? Phase (Detrender) = ?
Basav2020
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sir, can you plz send the code...i want to test how sine wave works in practical...i am a beginner...kindly, do the needful...thanks
UnknownUnicorn1192030
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Thank you for sharing. I used it on mq4 (mt4) and find it very usefull. I try to use it as a confirmation of trend shown by traditional momentum oscillator - when traditional one has retracement to 50% of value (from extremum) the Better Sine Wave shows full retracement (to the opposite extremum). After that when Better Sine Wave starts to return to the mean (out of opposite extremum) then the traditional one resumes the trend. Traditional one is CCI, in my case. Regards !
cuongitl
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@fxsystematic,
You're welcome.
Hope you've more profit ^^!
UnknownUnicorn1192030
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@cuongitl, I should add to my comment that the conclusion is:
Behaviour of Better Sine Wave is simple - it shows minor over-sold/over-bought condition which are not seen on traditional oscillator.
So when you see both (example for uptrend):
- CCI resuming its trend (it comes down from +100 to 50 and flips back to 50+1)
- Beeter Sine Wave is in over-sold zone (it does not have to get out before or with CCI, it can get out later, with delay)
when you see it you may consider it resumption of trend.
Probably it is good to use Beeter sine wave period of 1/2 of CCI or even 1/3 of CCI.
CCI is treated as a full cycle indicator, its period should equal therotical cycle.
Better sine wave is a half cycle indocator, its period should equal half of theoretical cycle.