INVITE-ONLY SCRIPT

Complete Discrete Fourier Transform Toolkit

This is an expansion from my Discrete Fourier Transform Overlay indicator which offers various features that may be useful for traders wishing to apply frequency analysis or integral transform to their trading. For those unfamiliar with the concept, the discrete Fourier transform decomposes wave or wave-like data into functions depending on frequency. This can be helpful in demonstrating or interpreting trends and periodic frequencies in time-series price data, or oscillating indicators.

This toolkit has the following features:

Fourier bands (deviation cloud): The deviation cloud expresses the uncertainty in the DFT algorithm, as well as the relative change in frequency of the curve.
Fourier supertrend: The supertrend is applied as a product of the DFT algorithm, instead of onto the price data itself. This filters the supertrend from infrequent periodicities. For trading, this means that the supertrend will not be affected by false breakouts or breakdowns. See the image below for an example:
https://www.tradingview.com/x/h3u0mzzU/

Future updates may include:

Projection of the probabilistic uncertainty principle. In a nutshell, the concept can be used to project uncertainties forwards through price data to forecast the path of least resistance, or, the most probable frequency.
Machine learning capabilities. Justin Doherty has done the Pine Script community a great service in introducing kNN algorithms with Lorentzian distance calculations; however, this is only the start of relativistic mechanics that can be applied to time series data. The DFT algorithm essentially filters data into its periodicities; this data can be inserted into a relativistic kNN algorithm - Lorenz or otherwise - to possibly improve accuracy.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact wbburgin directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Please visit the link in my profile or in my signature to get access to this script. I keep some indicators/strategies/algorithms invite-only to reduce access, improve effectiveness, and/or because of heavy workload.

Warning: please read our guide for invite-only scripts before requesting access.

wbburgin

FAQ: I am gradually phasing out my Patreon because of the time it takes to maintain.

BTC: 35PdMMMXFCvPjXKwn8wsRFNwMEPgStaKUJ

Test my strategies on CryptoRobotics: cryptorobotics.co/?trade=f23b09

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.