This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
The following watchlist is created on the basis of two factors.
1)Hilbert Transform - Trend vs Cycle Mode.
2)Relative Strength Index(RSI).
The Hilbert Transform is a technique used to generate inphase and quadrature components of a de-trended real-valued "analytic-like" signal (such as a Price Series) in order to analyze variations of the instantaneous phase and amplitude. HTQuadrature returns the Hilbert Transform generated Quadrature component of the input Price Series. The Quadrature component is used in conjunction with the
InPhase component to generate the phase of the analytic signal (using the ArcTan function) at a specific bar or for the entire Price
Series.
EXAMPLE
Ht_Phasorquadrature().
The Wilder's Relative Strength Index is a rate of change oscillator. Relative Strength Index does not compare the relative performance of one stock to another, instead it compares the price of a stock to itself. A reading of 70% or higher is generally an overbought position. Conversely, values near the 30% level should be considered an indication the situation has become oversold. When the stock price is trending, use Relative Strength Index to trade strictly with the trend. The Wilder's Relative Strength Index was developed byJ. Welles Wilder, Jr.
EXAMPLE
Rsi(close, 14).
The formula i used in this case is,
