The WaveIndicators Library for BioComp Dakota, Patterns and Profit 8 includes the DominantWavePeriod, WaveOsc2 and WaveTrend2 technical indicators. These indicators are based on vibration (resonance) theory. The DominantWavePeriod indicator returns a bar by bar estimation of the dominant period in price fluctuations in the vicinity of the Period specified by the user. The WaveOsc2 indicator is designed to estimate the phase of a given semi-periodic fluctuation in the input series with as close to zero lag as possible.
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