cheatcountry

Ehlers Discrete Fourier Transform

The Discrete Fourier Transform Indicator was written by John Ehlers and more details can be found at https://www.mesasoftware.com/papers/FourierTransformForTraders.pdf

I have color coded everything as follows: blue line is the dominant cycle, orange line is the power converted to decibels, and I have marked the other line as red if you should sell or green if you should buy

Let me know if you would like to see me write any other scripts!
Notas de Lançamento: updated to match my other indicators
Notas de Lançamento: fixed issue with default resolution
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Comentários

Thx could better be a strategy script
Resposta
@MeTu2018, you want to see a strategy script version of this?
Resposta
MeTu2018 cheatcountry
@cheatcountry, yes brother. Script becomes grail
Resposta
@MeTu2018, I will add that to my list of upcoming scripts for you
Resposta
MeTu2018 cheatcountry
@cheatcountry, thx bro
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@MeTu2018, yw
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Hi
Good job !!!
How to use orange and blue indicator
Thanks
Resposta
cheatcountry daniele.drago.18
@daniele.drago.18, thank you! So the blue indicator can be used to get the trend information. When it drops suddenly it means the current trend is either about to slow down or end. The orange line can be used to see the current cycle of the stock
Resposta
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