Hi,
The other day I looked into the Signal Processing section in the manual. There are a lot of indicators that seems interesting, although I understand half of it.
For instance, the Spectrum indicator...
I've messed around with it for a while now and I'm looking for some explanation.
The simple code looks like this
vars Price = series(price())
vars Spec = series(Spectrum(Price, 5));
and presents a result looking like this:
http://sv.tinypic.com/view.php?pic=4kfjbl&s=8#.UyXLOfl5MsoNow... I'm curious about the peaks in the chart, for instance like in 5~ of february and 3~ of march and so on.
1.) What do they mean?
"returns the relative amplitude of the spectral component with a cycle given b[...]Can be used to analyze the frequency spectrum of a price curv"
2.) Regarding the quote above from the manual, can anyone please explain what that means, maybe with an example or so?
Thanks alot!