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Ehlers Discrete Fourier Transform

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
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Kommentarer

Very nice, thank you for sharing this. Interested to backest if you make a strategy.
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Thx could better be a strategy script
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@MeTu2018, you want to see a strategy script version of this?
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MeTu2018 cheatcountry
@cheatcountry, yes brother. Script becomes grail
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@MeTu2018, I will add that to my list of upcoming scripts for you
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MeTu2018 cheatcountry
@cheatcountry, thx bro
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@MeTu2018, yw
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Hi
Good job !!!
How to use orange and blue indicator
Thanks
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cheatcountry daniele.drago.18
@daniele.drago.18, thank you! So the blue indicator can be used to get the trend information. When it drops suddenly it means the current trend is either about to slow down or end. The orange line can be used to see the current cycle of the stock
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