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ht_trendmode

HT_TRENDMODE​

Type: ht_trendmode • Category: indicators

Description​

Hilbert Transform - Trend vs Cycle Mode

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringList of pricesno

Help​

HT_TRENDMODE

Description​

The Hilbert Transform - Trend vs Cycle Mode (HT_TRENDMODE) is an indicator used in financial markets to analyze the trend and cycle components of a price series.

What does this worker do?​

The HT_TRENDMODE worker applies the Hilbert Transform to a given price series, allowing users to identify the trend and cycle modes present in the data. This can be useful for making informed trading decisions.

How to interpret the results​

The output of the HT_TRENDMODE worker will indicate whether the market is in a trend or cycle mode. This information can be used to adjust trading strategies accordingly. A trend mode indicates a strong directional movement in the market, while a cycle mode suggests a more oscillatory behavior.

Parameters​

The following parameters are required to run the HT_TRENDMODE worker:

Parameters Schema (JSON)​

{
  "dataExp": {
    "type": "string",
    "description": "List of prices"
  }
}

Parameters List​

  • dataExp:
    • Type: string
    • Description: List of prices
    • Example: "Close, Open, High, Low"
    • Note: This should be a comma-separated list of price values.

Usage​

To use the HT_TRENDMODE worker, simply provide the required dataExp parameter with a list of prices. The worker will then output the trend and cycle modes present in the data.

Example​

{
  "dataExp": "10.0, 12.0, 11.5, 13.0"
}

This example provides a list of four price values. The HT_TRENDMODE worker will apply the Hilbert Transform to this data and output the trend and cycle modes.