Another Hilbert Sine Wave Indicator for TradeStation

Summary

OK, this one is specifically for TradeStation users, and includes both the ELD file and a usable Workspace. This indicator is another Hilbert Sine Wave Indicator, but with a slightly better smoothing factor.

Screen Shots

Usage

I recommend that you use this Hilbert Sine Wave Indicator just like you did the other Hilbert Sine Wave Indicator that I posted a few days ago. This smoothed out version of the Hilbert Sine Wave Indicator creates less whipsaws than the other version I posted, and 1000X's less whipsaws than John Ehler's original Hilbert Sine Wave Indicator. As with all of John Ehlers cycle - trending indicators, it is imperative that you use them in conjunction with other indicators, such as RSI and Williams %R to properly identify profitable trends.