SinTrend - Vertex FX indicator

[NCDindia]

The SinTrend is a simple yet powerful vertex FX indicator that detects market cycles using trigonometric functions. It is very useful in cyclical markets, especially in determining the turning points.

It is calculated by subtracting the current candle close from the close of reference candles ago. This value is divided by the reference number of candles, and then the trigonometric sine value is calculated.

The reference period is set based upon the time-frame of the chart. If the chart is a Daily chart, then the reference period is 18 candles.

M1 Period - 110 candles.
M5 Period - 90 candles.
M15 Period - 60 candles.
M30 Period - 42 candles.
H1 Period - 36 candles.
H4 Period - 24 candles.
Daily Period - 18 candles.
Weekly Period - 12 candles.
Monthly period - 3 candles.

BUY - Enter BUY trade when SinTrend indicator has bottomed out below 0 levels and is ****ually increasing.

SELL - Enter SELL trade when SinTrend indicator has topped out above 0 and is ****ually falling.