OPEN-SOURCE SCRIPT
[MAD] Harmonic Wave Fourier Analysis
This script uses Fourier Analysis with additional postcalculations to draw a plot which displays the Amplitude-Change of the Fouriers
Parameter Settings:
You can set the number of data points to analyze
the period to check for extremes.
Fourier Transform: The script breaks down the time series data into its frequency components using cosine and sine calculations.
Harmonic Analysis: It calculates the strength and phase of each frequency component, producing harmonic waves.
Amplitude Change: It determines the change in amplitude between peaks and troughs for each harmonic.
Latest Value Extraction: The script selects the middle amplitude change as the latest data point.
High/Low Points: Finds the maximum and minimum amplitude changes over a specified period.
Visualization: It plots the latest amplitude change with a color that indicates its value relative to the identified extremes.
splitted by 3 Blue plots (1/3 1/2 2/3 from min to max)
How to trade?
May go for retests to the blue lines after big moves.
See this script as braindump of an idea, so its just a concept :-)
Parameter Settings:
You can set the number of data points to analyze
the period to check for extremes.
Fourier Transform: The script breaks down the time series data into its frequency components using cosine and sine calculations.
Harmonic Analysis: It calculates the strength and phase of each frequency component, producing harmonic waves.
Amplitude Change: It determines the change in amplitude between peaks and troughs for each harmonic.
Latest Value Extraction: The script selects the middle amplitude change as the latest data point.
High/Low Points: Finds the maximum and minimum amplitude changes over a specified period.
Visualization: It plots the latest amplitude change with a color that indicates its value relative to the identified extremes.
splitted by 3 Blue plots (1/3 1/2 2/3 from min to max)
How to trade?
May go for retests to the blue lines after big moves.
See this script as braindump of an idea, so its just a concept :-)
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения. Вы можете добавить этот скрипт в избранное и использовать его на графике.
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