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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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EXCLUSIVE! JUST  10 COPIES  AVAILABLE!   BONUS AUX VIP Club 2024 : Include EA CAP, CEP, LDH, PSC307 & AO4C to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only ) FREE Trading Education Available Daily via Zoom --- For More Info or Instant Message Click link ---  https://t.me/abcdwave Transform your trading with the "Five Magic Bullets" Indicator, tailored for traders who embrace the power of Elliott Wave Chaos Theory.
Bill Williams Advanced
Siarhei Vashchylka
5 (9)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only according t
Gartley Hunter Multi
Siarhei Vashchylka
5 (9)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
Gold Trend 5
Sergei Linskii
3.5 (2)
Tendencia del oro : se trata de un buen indicador técnico bursátil. El algoritmo del indicador analiza el movimiento del precio de un activo y refleja la volatilidad y las posibles zonas de entrada. Las mejores señales del indicador: - Para VENTA = histograma rojo + puntero rojo CORTO + flecha amarilla de señal en la misma dirección. - Para COMPRA = histograma azul + puntero azul LARGO + flecha de señal aqua en la misma dirección. Ventajas del indicador: 1. El indicador produce señales co
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Versión 1.4 2023.10.29
Added settings for choosing the price type.
Versión 1.3 2023.10.28
Link added
Versión 1.2 2023.10.28
Icon added