Ehlers Autocorrelation Periodogram tries to identify the dominant cycle.
Can I use that output as the lookback period for other indicators?
Seems to me, having a given indicator in sync with the current cycle will be
quite useful.
I've looked around and I can't find anyone that's even tried this, which seems odd.
My preference is to use the Periodogram for Ehlers Sine Wave. I've seen the Sine
pick turning
points with great precision and other times it's off by a LOT.
Logically, if the Sine Wave is always in sync with the dominant market cycle then
I like my chances of getting good info from it.
Ehlers original version plots a line (see "NT8_Periodogram_Line) as in this
TradingView example.
The NT8 version doesn't plot an exact line value and at times it's confusing.
See "NT8_Periodogram_Confusion"
I have tried plotting the Periodogram and several Sine Waves of various lookbacks.
When the Periodogram is near one of the Sine Waves, it does give better signals.
This method is a lot of work though and it does tend to take me away from other
aspects of my trading.
So, has anyone used the Periodogram to vary the lookback input for indicators?
Is anyone aware of why this approach would fail?
I thank you in advance for any help, JM