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
Informacje o Wersji
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Updated the preview image.
Informacje o Wersji
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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.