Phase Accumulation Adaptive RSX - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources

The Hilbert transform itself is an all-pass filter used in digital signal processing. By using the current and previous price differences, and some feedback, the price value is divided into complex real (in-phase) and imaginary (quadrature) components.

We use the Hilbert Transform in phase accumulation mode in order to calculate how many bars are needed to accumulate enough one bar "inPhases" to achieve the required period. This way it will adjust/adapt to market conditions. So you can't adjust the parameters to get a "classical" counterpart - simply, it won't be anything based on a fixed period, and one should forget about the classical periodic terminology of the term and get used to periodic terminology.

You can use these color changes as signals.

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📎 pa_adaptive_rsx.mq5 (18.63 KB)

Source: MQL5 #22789