Hello,
Let me propose a new trading system that is based on MESA Sinewave Indicator, (http://forum.vtsystems.com/index.php?showtopic=2968).
An algorithm of the MESA SineTrade trading system, that you may find in works of J.Ehler, is enough complicated. Anyway, its main idea includes a Cycle Mode, is shown by the Sinewave Indicator, and a Trend Mode, is shown by a trend indicator. To open a position the trading system uses a cross of Sine and Leadsine in the Cycle Mode and a cross of Trendline and Smoothprice in the Trend Mode. Exits are at the stops, limits or trailing stops.
Note, the system requires a two additional indicators the SumSine and the SumCosine, that have to be downloaded and imported in Indicator Builder of VTTrader.
Regards,
Matvei
