Log in to see Cloud of Tags

Wealth-Lab Wiki

TASC 2019-06 | Fourier Series Model Of The Market (Ehlers)

RSS

Traders' Tip text

The FourierSeries indicator by John Ehlers represents market activity based on analysis principles established by J.M. Hurst. It does so by applying a set of band-pass filters.

Install (or update) the TASCIndicators library to its most-recent version from our website or using the built-in Extension Manager. Once you see "Fourier Series" and "Fourier cyclic trading signal" indicators listed under the TASC Magazine Indicators group they're ready for use in Wealth-Lab.

On Figure 1 you can see an example of application of the indicators:


Image

Figure 1. The two new indicators applied to a Daily chart of SPY (data provided by Yahoo).

WealthScript Code (C#)

None

Gene Geren (Eugene)
Wealth-Lab team

Important Disclaimer: The information provided by Wealth-Lab is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security.  The owner of Wealth-Lab.com assumes no liability resulting from the use of the material contained herein for investment purposes. By using this web site, you agree to the terms of this disclaimer and our Terms of Use.


ScrewTurn Wiki. Some of the icons created by FamFamFam.