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Cycle analysis using the Goertzel algorithm

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by , 08-28-2023 at 01:14 AM (671 Views)
      
   
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The Goertzel algorithm is a digital signal processing technique known for its efficiency in detecting particular frequency components. Its precision, real-time abilities, and computational efficiency make it suitable for financial time series analysis. In this article we will examine and demonstrate practical ways in which the method can be used to analyze dominant cycles for possible strategy development. We will take a look at the implementation of the algorithm in MQL5 and present an example of how to use the code to identify cycles in price quotes.

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