it's basically using that sinewave equation from Rocket Science
for Traders by John Ehlers with a some tweaks to make it show
horizontal support/resistance zones whenever you have a confirming
candle on price. That sinewave indicator is interesting
because it was originally an algorithm that was used in digital
signal processing to measures the amount of cyclical energy in a
stream of data - so kind of makes sense to use on market data
it's basically using that sinewave
Zoom
Posted by matt on 16th of Jun 2020 at 09:57 am
it's basically using that sinewave equation from Rocket Science for Traders by John Ehlers with a some tweaks to make it show horizontal support/resistance zones whenever you have a confirming candle on price. That sinewave indicator is interesting because it was originally an algorithm that was used in digital signal processing to measures the amount of cyclical energy in a stream of data - so kind of makes sense to use on market data
https://www.amazon.com/Rocket-Science-Traders-Processing-Applications/dp/B01GMHR7JG
i assume this was programmed
Posted by forza1dsa on 16th of Jun 2020 at 10:04 am
i assume this was programmed and not a canned indicator?