Price curves consist of much noise and little signal. For separating the latter from the former, John Ehlers proposed in the Stocks&Commodities May 2021 issue an unusual approach: Treat the price curve like a radio wave. Apply AM and FM demodulating technology for separating trade signals from the underlying noise. reference: financial-hacker.com/petra-on-programming-the-price-wave-radio/
Release Notes
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updated fm signal to work in all tickets. leave a comment if it does not.
Really appreciate your effort in making this. Can someone please explain what I am looking at? I've added to my chart and trying to understand the lines but I am blank. Read through the link and still... I'd really appreciate it. ty
Ether2020
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Thank you so much for this John Ehlers indicator!
When plotting on altcoins the middle line is not horizontal anymore.
What can be the problem and is there a solution?
Ether2020
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@Ether2020, it has something to do with numbers behind the comma/ dot like 0.0523 or whole numbers like 1200.45.
Has anyone an idea what is happening?