The Mesa Sine Wave calculates two sine curves. When the two curves resemble a sine wave, the market is in a cycle, otherwise the market is trending.
The Mesa Sine Wave was developed by John Elhers and was introduced in his article in the November, 1996 issue of Technical Analysis of Stocks & Commodities magazine.
해석
Signals are generated only when the market is in a cycle. A buy signal is generated when the Sine crosses up over the Lead Sine, and a sell signal when the Sine crosses down below the Lead Sine.
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