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this indicator is very powerful if done right....but the NT version didn't get it right. that's why it's discouraging for many. currently i am using a ToS version of this indicator and it just hands down kicking butt. i will see if i can port it over from the ToS version. Thanks.
Please see the following screen shot that demonstrates the power of the sine wave indicator that is done right. The support and resistance levels are more refined than what you can find on the NT platform so far. Please note that the ones online for the NT platform, including Barry Taylor's better sine wave indicator, have not achieved this level yet and thus cannot be used to trade successfully/meaningfully. I have typed out a long essay to explain why the ToS version is more superior, but internet explorer wiped out what i typed with one back button click...
To sum it up, a real cyclical analysis (e.g. sine wave analysis) "at the very least" need to let users adjust the look back period, because there's no single look back period that can "sync" to all instruments at all time frames. This is where most of the other sine wave indicators fail.
Sorry for my poor english after a long day. Hope this helps.
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