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HT_DCPHASE

Type: ht_dcphase • Category: indicators

Description​

Hilbert Transform - Dominant Cycle Phase

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
pricestringPrice field to use to calculate HT_DCPHASEno

Help​

HT_DCPHASE

Description​

The Hilbert Transform - Dominant Cycle Phase (HT_DCPHASE) is an indicator used in financial analysis to identify the dominant cycle phase of a market. This worker calculates the phase of the dominant cycle, which can be used to determine the current market trend.

What does this worker do?​

The HT_DCPHASE worker takes a price dataset and calculates the Hilbert Transform of the data to identify the dominant cycle phase. The dominant cycle phase is the phase of the cycle that has the most power or influence on the market.

How to interpret the results​

The HT_DCPHASE indicator produces a value that represents the phase of the dominant cycle. The phase value ranges from 0 to 360 degrees, with 0 and 360 degrees representing the same phase.

  • A phase value of 0-90 degrees indicates an uptrend
  • A phase value of 90-180 degrees indicates a downtrend
  • A phase value of 180-270 degrees indicates a downtrend
  • A phase value of 270-360 degrees indicates an uptrend

How to use this worker​

To use the HT_DCPHASE worker, simply pass in your price dataset and select the price field to use for the calculation.

Parameters​

  • dataExp: prices data
  • price: Price field to use to calculate HT_DCPHASE

Indicator Usage​

For a visual representation of how to use the HT_DCPHASE indicator, please see the following images:

Full Indicator Usage​

[![Full Indicator Usage](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)

Short Indicator Usage​

[![Short Indicator Usage](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)

Additional Information​

The Hilbert Transform is a mathematical technique used to analyze signals and identify patterns. In the context of financial analysis, the Hilbert Transform is used to identify the dominant cycle of a market, which can be used to make predictions about future market trends.

The HT_DCPHASE indicator is often used in conjunction with other indicators to form a trading strategy. It can be used to identify the current market trend and make informed decisions about buying or selling.