HT_DCPHASE

Hilbert Transform - Dominant Cycle Phase

HT_DCPHASE is the Hilbert Transform Phase of the Dominant Cycle. It lies in the range of 0 to 360 degrees.

INTERPRETATION:

Its transition from 360 to 0 degree can be used to detect start of a new cycle when price is in cyclic mode. Departure from constant rate change of phase can be used to detect end of a cycle mode.

Related Indicators: HT_DCPERIOD, HT_PHASOR, HT_SINE, and HT_TRENDMODE