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FourierREM

Indicator Name: Fourier Transform Curve Indicator

Description:

The Fourier Transform Curve Indicator for MetaTrader 5 is a powerful tool that leverages Fourier analysis to depict curves directly on your price chart. It is designed to provide valuable insights into the underlying harmonic components of the price data.

Parameters:

  1. Input Candle Count: This parameter allows you to specify the number of candles to include in the Fourier transformation calculation. A higher value will capture longer-term trends, while a lower value will focus on short-term movements.

  2. Output Candle Count: You can set this parameter to determine the number of candles for which the indicator will display the Fourier transform curves. A higher value can provide a broader perspective, while a lower value offers a more detailed view.

  3. Number of Harmonic Functions: This parameter lets you choose the number of harmonic functions to include in the Fourier transform. A higher value may reveal more complex patterns, while a lower value might simplify the analysis.

Usage:

The Fourier Transform Curve Indicator calculates the Fourier transformation of the specified input candles and then draws the resulting curves on the chart. These curves represent the dominant harmonic components of the price data, offering insights into periodic patterns and trends.

Traders can use this indicator to identify cyclical price movements, detect potential turning points, and gain a better understanding of the market's underlying dynamics. Experiment with different parameter settings to customize the analysis based on your trading strategy.

Note:

  • This indicator should be used in conjunction with other technical analysis tools and trading strategies to make informed trading decisions.

  • Adjust the input parameters to suit your specific trading preferences and timeframes.

Please note that the above description is a general guideline. You may want to include additional details and usage examples based on the specific features and functionality of your Fourier Transform Curve Indicator for MetaTrader 5.



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Golden Spikes Premium
Kwaku Bondzie Ghartey
5 (1)
Golden Spikes Detector Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced Synthetics trader. I dedicate this indicator to Mr Grant.  Overview: The Golden Spikes Premium is a groundbreaking trading indicator meticulously crafted for the Boom and Crash indices on the Deriv market. Tailored to meet the needs of discerning traders, this powerful tool operates exclusively on the one-minute timeframe, providin
IX Power MT5
Daniel Stein
4.17 (6)
IX Power   bringt die unschlagbare Präzision von FX Power endlich auch zu Nicht-Forex-Symbolen. Es bestimmt präzise die Intensität von kurz-, mittel- und langfristigen Trends in Ihren Lieblingsindizes, Aktien, Rohstoffen, ETFs und sogar Kryptowährungen. Sie können   alles analysieren, was   Ihr Terminal zu bieten hat. Probieren Sie es aus und erleben Sie, wie   sich Ihr Timing   beim Handel   deutlich verbessert . IX Power Hauptmerkmale 100% präzise, nicht nachpinselnde Berechnungsergebni
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STE S.S.COMPANY
4.09 (11)
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AT Forex Indicator MT5
Marzena Maria Szmit
5 (4)
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
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Version 1.4 2023.10.29
Added settings for choosing the price type.
Version 1.3 2023.10.28
Link added
Version 1.2 2023.10.28
Icon added