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Mel

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Subject : RE: Plotting an Indicator in chart and not the pan
Posted : 11/28/2014 1:57 PM
Post #23189 - In reply to #23184

You can call the Spectrum indicator from OL, and it will return the dominant cycle wavelength in the bandpass you specify. Automation is possible.

1.414 is the square root of 2. Nothing to do with Fib numbers. It is part of Ehlers calculation of a modified three pole Butterworth Filter (DSP stuff).

Read "Cycle Analytics for Traders" by John Ehlers, his newest and most readable book.

ACT really is all DSP stuff.

Mel
Mel
Deleting message 23189 : RE: Plotting an Indicator in chart and not the pan


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