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Mesa Sine Wave
The MESA Sine Wave utilizes 2 sine plots to depict if the market is in a trend mode or in a cycle mode. They call it a trend mode if the plots start to wander the market. The market is in the cycling mode if the 2 plots look like a Sine wave the market. In a trend mode, the Sine and Lead Sine plots typically weaken in a sideways pattern around the zero-point, running distant and parallel from each other. John Elhers created the MESA Sine Wave.
MESA Sine Wave indicator is that it will anticipate cycle mode turning points rather than waiting for confirmation (as the majority of oscillators do). It is an extremely helpful trait. The indicator also has an extra-advantage that allows the trend mode whipsaw signals to be minimized.
The indicator contains 2 plots. One line depicts the Sine of the calculated phase angle over time. The other line depicts the Sine of the phase angle advanced by 45 degrees, which is called the Lead Sine. The crossings of the Sine and Lead Sine together provide precise and advanced picture of cycle mode turning points.

If the Sine plot crosses below the Lead Sine plot, the sell signal is sent. A purchase signal is sent as the Sine plot crosses over the Lead Sine plot if the market is in cycle mode. It is worth trading the trend if the market is in the trend mode. Main moving average crossovers are often helpful for exiting and entering positions in this type of market.