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 :-)
Volatility

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


djmad|Bitblockart

Clause de non-responsabilité