HT_DCPERIOD
Type:
ht_dcperiod• Category:indicators
Description
Hilbert Transform - Dominant Cycle Period
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | List of prices | no |
Help
HT_DCPERIOD
Overview
The HT_DCPERIOD worker is an indicator used in financial markets, specifically designed to calculate the dominant cycle period using the Hilbert Transform.
Description
The Hilbert Transform - Dominant Cycle Period (HT_DCPERIOD) is a technical indicator that analyzes the cyclical nature of financial market data. It helps in identifying the dominant cycle period, which can be crucial for making informed trading decisions.
What does this worker do?
The HT_DCPERIOD worker takes a list of price data as input and applies the Hilbert Transform to identify the dominant cycle period. This involves complex mathematical calculations to decompose the input data into its cyclical components and determine the period with the most significant influence.
How to Interpret the Results
The output of the HT_DCPERIOD worker represents the dominant cycle period in the input data. A higher value indicates a longer cycle period, while a lower value suggests a shorter cycle period. Understanding the dominant cycle period can help traders and analysts in:
- Identifying potential trend reversals or continuations
- Optimizing trading strategies based on market cycles
- Making more informed decisions regarding entry and exit points
Parameters
The HT_DCPERIOD worker accepts the following parameters:
dataExp
- Type: string
- Description: List of prices. This should be a string representation of an array or list of numerical values representing the historical price data.
Usage
To use the HT_DCPERIOD worker, provide a string of comma-separated prices or a JSON array of price values for the dataExp parameter. The worker will then compute and return the dominant cycle period based on the provided data.
Example Usage:
{
"dataExp": "[10.0, 12.0, 11.5, 13.2, 15.0, 14.5, 16.1]"
}
This example demonstrates how to input a list of prices for analysis. The actual usage may vary depending on the specific implementation and integration of the HT_DCPERIOD worker within your application or platform.