Description
The Empirical Mode Decomposition Indicator (EMD.
According to the article "Empirical Mode Decomposition" in the March 2010 Issue of Stocks and Commodities magazine, by John F. Ehlers and Ric Way, when the Trend (Red) rises above the Average Peaks(Green), the market is in an uptrend, when it is below the Average Valleys(Blue), the market is in a downtrend, and when it's between the two, the market is in cycle mode.
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atrader
Joined on 10.10.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: EmpiricalModeDecomposition.algo
- Rating: 2.5
- Installs: 2894
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