WiseTrader Toolbox

Adaptive Goertzel N Cycle

Written by Administrator

The Goetrzel algorithm is an advanced mathematical technique for discrete Fourier transforms. This algorithm is utilized in modern satellite and communication applications to extract frequencies from noisy data and is applied here to stock and futures trading.

  • Cycles can be projected forward.
  • Minimum and maximum frequencies to be scanned can be selected.
  • Construct composite of top N frequencies. Where N is a selectable parameter.
  • Turning points in the indicator indicate high probability turns in the price.

Goertzel N Cycle Short term cycles

The above image shows short term cycles in the All Ordinaries.

Goertzel Properties

The above image shows the Goertzel Indicator Properties.