Richcap,
Firstly, I'd like to thank you for sharing what you have created. I didn't realize what it was you posted until moments prior to me starting this comment. It's this kind of R&D that had this thread ablaze w/ the fire of progress, burning thru all the dross that is the daily mundane booty chatter of this and most other forums. It is mighty powerful, indeed. Those that have been following this thread would be wise to do a double take on what you've brought to the lab bench
I don't think Krzysztof was attempting to be malicious in his reply. After reading it a few times, seems a couple of words and sentence structures just gave the impression of such. Please correct me, if I'm wrong, Krzysztof.
Now, I am by no means, an authority on the topic of DSP. I've frequented this thread, as a pupil, moreso than almost any other. However, I have learned a few things that I think might be of value to you in your pursuit. You may already know everything I'm sharing w/ you and if that is, in fact, the case, please don't take it as patronizing.
1. MESA has been determined to be one of the less ideal methods of spectral analysis because of it's inability to identify frequencies in above average noisy data scenarios (which is what the price data from financial markets has been determined to be). Goertzel's Algorithm, on the other hand, might be a better choice. Please reference the
Meyer's Analytics "paper's page", artictle titled "Mesa vs. GDF"
2. There is further discussion on the aforementioned topic (indicators included) in this very thread, starting @
post 225.
3. Sergey Iljuhkin, creator of the DFG software, created something very similar to the indicator you posted (which, I think, means you're on the right track
), complete w/ library and all, posted
here by NewDigital. I've used it in the past. Very good, IMHO. Might be worth a look.
4. Krzysztof was accurate in his assessment of CB's thread. I know a couple of folks who've collaborated w/ CB and they confirmed that he will share only pictures and theories, nothing concrete. That being said, those on this thread, like you, clahn04, Simba, dvarrin, and fajst_k are the communal type and are willing to exchange thoughts and the resulting products openly. Please don't allow that flow of progress to be halted or else the thread will experience another lull in forward movement.
I have a setup that I've been using and it only has 2 indicators: un-optimized FTLM_KG and STLM in histogram form, both smoothed via a Jurik price proxy to remove some of the noise present, resulting from the fact the two indicators are not tuned to the pair and t.f. Nothing amazing and depending on the settings may lag a bar every now and then, but effective enough until I can digest more information and excrete something better
i.e. easily tunable FTLM and STLM indicators. Screenshot attached.
Best Regards,
F_F_L