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 or other momentum like oscilators.
An interesting combination can also be made with Analysis through "Volume Profiles" & "Market Profile" approach. BUT this will be totally worthless to combine it with other complex price analysis like (Sinewave will give you better signals). Moving averages, , channel, and other /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
I've added one more signal to the list :
- REV signal
These signals will generally highlight swing spots. These cycles will have high reversal properties and should be taken accordingly.
Agressive trades will have a very nice chance to enter with a tight stop.
Low risk profile traders will wait for a breakout following these signals to enter the new trend after that reversal.
For both the signal obviously means that all in trend profits have to be taken at this point !
Anyway despite that code update, I wanted to say that I'm now working on PRO Momentum, that should come within weeks from now. Then it will be PRO Analyzer and after that I'll focus on making tutorial videos for your folks as well as creating a PDF manual that will of course be offered with all subscriptions. In the meantime you can stil practice with the tutorial tips given ;)
Wish you good Trades !
*** Added a few new rules in the signal algorithm
> I'm now working on a PDF tutorial + a vidéo training course to be released soon.
- Volatility auto-adjusment algo added. It drastically improved signaling.
- 18 new complex patterns added to the filter algoritm.
- Solved the bug that caused error "No depth at Index" on small timeframes.
- improved the computation for a faster plotting.
- INTRODUCED THE PDF USER MANUAL (click here to download it)
You now have everything needed to take the best out of these indicators !
> This error may still happen (specially when TradingView servers are under huge traffic hours)... If this happens to you > contact me via Private Messages or at email@example.com
I made some compromises. Here's what's new :
- The "REV" reverse pattern is no longer supported.
- I added a confirmation signal (can be turned off via settings). This gives you precise entry points within a bullish or bearish cycle.
This looks like a little red/blue triangle above/below the candle that confirms the trading signal.
The signals appear for the last 25 visible bars only to avoid overloading the chart.
Use them as confirmation or low risk entry points depending on your risk profile to trading.
- Changed the names of BUY & SELL cycles to BULL & BEAR to make it more relevant to what they represent.
- Some patterns have been removed, but the most relevant ones have been updated quite effectively.
This is what the confirmation signal looks like on a chart :
Also reworked the alert system. If you want to be alerted on confirmed signals (at bar close) you can now use the new built-in option within the Alert pop-up.
- reworked some of the algos for much better signaling.
- introduction du MANUEL EN FRANCAIS (cliquez ici pour télécharger) (french user manual)
- Also updated PRO Momentum
- update of the User Manual to suit the new updated coming early 2018
Nothing changed but the bugfix
I am currently using your two indicators and finding them really helpful'
I am a trader of some experience but relatively new to futures trading for which I am trying your indicators and in conjunction with correlations I am getting some good results.
My funds are limited and I want to keep expenses to a minimum so I have a suggestion.
I am a French speaker - bit rusty now but was fluent and I am a uni educated ( English studies) native English speaker- Australian English to be exact.
I love listening to your french on your videos - very clear, very educated and very interesting.
Your English is very impressive. I wish my written French was half as good.
There are,however, quite a number of occasions when you do not express something the way a native speaker would.
The meaning is clear but there are many times when the way you express is not exactly colloquially correct and to a native it does not sound quite right - although it is very cute- Haha.
How about a deal.
I will modify your pdf for you, correct any grammatical mistakes and make it read as it would if totally the work of a native English speaker in exchange for use of your indicator free for say a year.
As I said, the meaning of your instructions, descriptions etc is clear and I would enjoy the little project, if you are in agreement.
If you like I could give you a few examples from the pdf of preferable ways of saying things - once brought to your attention I think you will see how it could have been expressed.
Anyway, thanks and once again, all the best with your quality work.
I love your video presentatio as I said. is there any thought of doing them in English too?
Hope you are back to normal spring weather - love the way French cities come alive when the weather changes.
ps my email is firstname.lastname@example.org or skype may be convenient.
Last, Can you provide MQL source to be compiled in MT4 (only saw FXCM platform and tradingview on your website)? If not no worries, I can easily port to MQL from Pine, but that would make things easier, and of course, once I get it optimized using 99% tick data and the backtester with "Tick Data Suite", if you are willing to collaborate, we can both use the EA with merged source code and highly advanced money control to suit your risk tolerance that will auto-adjust however you set it up (I saw you also have a money control indicator. Does the bundle package contain everything or just the 4 indicators listed in the pull-down? Sorry for so many questions, however, the above was not answered on your website (if it is I could not find the information)...I would hope serious traders would want to know this information as well, so answering here as opposed to in private maybe very useful for many, unless you prefer to answer in private just send me an email directly. Hope to hear back from you soon and love all of your work - it will compliment my work well I believe...Thank you and once I get the questions answered I will d-load ALL of your indicators and subscribe to all of them.