Ehlers Sine Wave

[cunparis]

I wouldn't suggest that the emini-watch version is behaving better since both implementations are a pure copy paste from the original editor (John Ehlers) which uses rather simple mathematics.

The eminiwatch code is protected so I do not know how you could know this. I've compared the sine wave indicators for Ninja with the eminiwatch version on TS and there is no comparison. The ninja versions have sharp hooks just like in your example. If you want to compare for yourself you can do it with an ES 1500 tick chart and compare with his charts on his site.

The sine waves work in a way that similar to two de-trended moving averages. If price is trending they will not cross. So when they cross price has stopped trending. But that doesn't mean it will reverse. It could be a pause in the trend. And that's what often creates the little bounce and then break through the support/resistance level. And often the sine wave will get "ambushed".. say price is moving up to resistance and bounces very sharply off resistance. The sine wave has a lag due to its moving averages and will not detect this. So that's two examples of where the sine wave will not accurately signal the turn.

It's interesting how most people who would not use two moving averages for their trading decisions will use a sine wave. I got tricked by this and wasted a lot of time on it, and that's why I warn others. After that it's up to everyone to decide what works for them.

I've written about this on my blog and why I stopped using it in favor of using market profile and support & resistance levels.

http://www.tradewiththeflow.com/2010/10/08/a-look-back-on-my-journey-part-4/

[MikeGutmann]

To Yuvalw,

A fine piece of coding. Thank you very much for posting this. It was very generous of you.

--Mike Gutmann

[Harry]

Different sources for SineWave indicator implementations:

NinjaTrader Support Forum - View Single Post - Ehlers Sine Wave

https://www.bigmiketrading.com/download/ninjatrader-7/indicators/840-download.html?view

https://www.bigmiketrading.com/ninjatrader/3673-hilbert-sine-wave-indicator.html#post38654

https://www.bigmiketrading.com/ninjatrader/3673-hilbert-sine-wave-indicator-4.html#post244423

and a comment:

https://www.bigmiketrading.com/ninjatrader/3673-hilbert-sine-wave-indicator-4.html#post245652

[peterhxu7]

thanks for all the infor

[Vipul84]

Time Frames for Intraday & Swing

This is my first post at forum.Going through Sine Wave.

If I have access only to time based charts and not tick charts, what are the good time frames for Intrday & Swing Trading using Sine Wave indicator?

[priceisking]

anyone have this for NT8 ?

[lmannn]

Hi -would you happen to have this for NT8?