OPEN-SOURCE SCRIPT

Ehlers Discrete Fourier Transform

Updated

The Discrete Fourier Transform Indicator was written by John Ehlers and more details can be found at https://www.mesasoftware.com/papers/FourierTransformForTraders.pdf

I have color coded everything as follows: blue line is the dominant cycle, orange line is the power converted to decibels, and I have marked the other line as red if you should sell or green if you should buy

Let me know if you would like to see me write any other scripts!

Release Notes

updated to match my other indicators

Release Notes

fixed issue with default resolution

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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I created the largest stock indicator library:
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