Anybody use this? Could be helpful to identify trending instruments and which indicators to use..... This indicator can be tried at http://www.prophet.net and anybody willing to share their findings here would be saving time for others and truly helping. Developed by John Elhers, the Mesa Sine Wave utilizes two sine plots to illustrate if the market is a cycle mode or in a trend mode. When the two plots resemble a Sine wave the market is in cycling mode. When the plots start to wander the market is said to be in a trend mode. In a trend mode the Sine and Lead Sine plots typically languish in a sideways pattern near zero, running parallel and distant from each other. One useful attribute of the MESA Sine Wave indicator is that it will anticipate cycle mode turning points rather than waiting for confirmation as is seen with most other oscillators. The indicator has the additional advantage that trend mode whipsaw signals are minimized. The indicator consists of two plots - one line displaying the Sine of the measured phase angle over time and the other the Sine of the phase angle advanced by 45 degrees (the Lead Sine). Together the crossings of the Sine and Lead Sine give clear advanced indication of cycle mode turning points. When the market is in cycle mode, a buy signal is given as the Sine plot crosses above the Lead Sine plot. The sell signal is given when the Sine plot crosses below the Lead Sine plot. When the market is in the trend mode, trade the trend. Basic moving average crossovers may be useful for entering and exiting positions in this type of market.