OPEN-SOURCE SCRIPT
[blackcat] L2 Fourier Series Analysis
Level 2
Background
John Ehlers’ articles in the July issues on 2019,“Fourier Series Model Of The Market”.
Function
In “Fourier Series Model Of The Market” in this issue, author John Ehlers introduces a Fourier series indicator designed to help traders identify cycles in the market. According to the author, the approach based on five principles outlined by J.M. Hurst in his 1970 book allows the determinization of a security’s primary cycle period and gives a faithful picture of market activity.
Remarks
You have to adjust Entry_TH value for different time frames.
Feedbacks are appreciated.
Background
John Ehlers’ articles in the July issues on 2019,“Fourier Series Model Of The Market”.
Function
In “Fourier Series Model Of The Market” in this issue, author John Ehlers introduces a Fourier series indicator designed to help traders identify cycles in the market. According to the author, the approach based on five principles outlined by J.M. Hurst in his 1970 book allows the determinization of a security’s primary cycle period and gives a faithful picture of market activity.
Remarks
You have to adjust Entry_TH value for different time frames.
Feedbacks are appreciated.
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Script open-source
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