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HT Trendline

Type: ht_trendline • Category: indicators

Description​

Calculates the Hilbert trend line based on a list of prices

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringList of pricesno

Help​

HT Trendline

Overview​

The HT Trendline worker is an indicator designed for financial markets. It calculates the Hilbert trend line based on a list of prices.

Description​

The HT Trendline worker is a technical analysis tool used to identify the trend direction in financial markets. It utilizes the Hilbert transform to calculate the trend line based on a provided list of prices.

What does this worker do?​

This worker takes a list of prices as input and calculates the Hilbert trend line. The Hilbert trend line is a smoothed line that helps to identify the underlying trend in the price data.

How to interpret the results?​

The output of the HT Trendline worker is a value that indicates the trend direction. A positive value indicates an upward trend, while a negative value indicates a downward trend. The magnitude of the value represents the strength of the trend.

Parameters​

The following parameters are required to configure the HT Trendline worker:

Parameters Schema (JSON)​

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

Parameters Table​

ParameterTypeDescription
dataExpstringList of prices. This should be a comma-separated string of price values.

Example Usage​

To use the HT Trendline worker, provide a list of prices as a comma-separated string for the dataExp parameter.

{
  "dataExp": "10.0, 12.0, 15.0, 13.0, 14.0"
}

This will calculate the Hilbert trend line based on the provided prices and return a value indicating the trend direction.