SinTrend

SinTrend is a simple yet powerful VertexFX Client side VTL 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. 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 – Place Buy position when SinTrend indicator has bottomed out below 0 levels and is gradually increasing.
SELL – Place Sell position when SinTrend indicator has topped out above 0 and is gradually falling.

Usage

• Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
• Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Files
• Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.