Category: MESA8
Input parameters
Name
|
Setting
|
Default
|
Optimization range
|
Tune
|
Number>0
|
1
|
0.25-2
|
Delta
|
Number>0
|
0.2
|
0.05-0.5
|
Price
|
Input time series
|
Close
|
|
Description
It is not uncommon for the price trend to swamp the amplitude of the dominant cycle. The threshold for this swamping is when the slope of the trend across the period of the dominant cycle is twice the amplitude of the dominant cycle itself. This indicator sets the upper bound that it is advisable to trade the cycle mode. That is, if the Momentum indicator is greater than this upper bound, it is best to trade the trend to the long side. It is intended that the CROSSOVER MINUS AMPLITUDE, CROSSOVER PLUS AMPLITUDE, and CROSSOVER MOMENTUM be dragged to the same subgraph to form one composite indicator. The Tune parameter adjusts the dominant cycle period relative to its measured value. The Delta parameter is the bandwidth of a bandpass filter in terms of +/- percent of the center period. A smaller number gives a narrower bandwidth to eliminate extraneous cycle components and a larger number give a wider bandwidth to improve responsiveness to transients.
|