Cosine, In-Phase & Quadrature IFM [Ehlers]

5 thg 2, 2019

Yet another method for determining the cycle of a market: this time, you have access to the two fastest and most accurate methods
as well as the option to average these methods together.

The controls are pretty straight forward:

Source lets you select the price data to perform calculations on (close, open, etc..)

Max Period is simply the cap for the algorithm when it's checking the validity of Periods.
-> If you notice your plots have a flat top, then increase this value to accept a wider range of Periods.
-> This setting has a min. value of 8 to reduce noise and a max of 100 to ignore waves from higher time frames.

Average? simply averages the two methods of calculation.
-> You may want to do this if you notice the two plots diverging a lot.
-> Cosine IFM tends to favor shorter periods; I-Q IFM tends to favor longer.

Cheers,
- DasanC

5 thg 2, 2019

Phát hành các Ghi chú

Updated the preview image.

16 thg 2, 2019

Phát hành các Ghi chú

Updated to make the code modular.
Now you're able to copy & paste the function into any script to add a method for adaptive period setting.
Simply call:
IFM_Len(Series)
to get the period.