Hello Traders.
i'm trying to translate TS code below to another.
everything is ok but the problem is i don't understand Median() function.
how it works? i've tried to replacing Median(data, 5) to (Highest(Data, 5)+Lowest(Data,5))/2 but it seems a bit different.
can anyone enlighten me please.
Thanks
i'm trying to translate TS code below to another.
everything is ok but the problem is i don't understand Median() function.
how it works? i've tried to replacing Median(data, 5) to (Highest(Data, 5)+Lowest(Data,5))/2 but it seems a bit different.
can anyone enlighten me please.
Thanks
Inserted Code
{Cycle Period Measurement from Cybernetic Analysis for Stocks and Futures by John Ehlers - code compiled by dn} Inputs: Price((H+L)/2), alpha(.07); Vars: Smooth(0),Cycle(0),Q1(0),I1(0),DeltaPhase(0),MedianDelta(0),DC(0),InstPeriod(0),Period(0),I2(0),Q2(0); Smooth = (Price + 2*Price[1] + 2*Price[2] + Price[3])/6; Cycle = (1 - .5*alpha)*(1 - .5*alpha)*(Smooth - 2*Smooth[1] + Smooth[2]) + 2*(1-alpha)*Cycle[1] - (1 - alpha)*(1-alpha)*Cycle[2]; If currentbar < 7 then Cycle = (Price - 2*Price[1] + Price[2])/4; Q1 = (.0962*Cycle + .5769*Cycle[2] - .5769*Cycle[4] - .0962*Cycle[6])*(.5+.08*InstPeriod[1]); I1 = Cycle[3]; If Q1 <> 0 and Q1[1] <> 0 then DeltaPhase = (I1/Q1 - I1[1]/Q1[1]) / (1 + I1*I1[1]/(Q1*Q1[1])); If DeltaPhase < 0.1 then DeltaPhase = 0.1; If DeltaPhase > 1.1 then DeltaPhase = 1.1; [b]MedianDelta = Median(DeltaPhase,5);[/b] If MedianDelta = 0 then DC = 15 else DC = 6.28318 / MedianDelta + .5; InstPeriod = .33*DC + .67*Instperiod[1]; Period = .15*InstPeriod + .85*Period[1]; Plot1 (Period,"Period",blue); {This indicator allows the cycle measurement to be determined in very few bars. It sums the cycle phases until it reaches 360 degrees - a full circle. The lag in measuring the Dominant Cycle Period is about 8 bars.}