Overview of the MESA9 Add-on |
Top Previous Next |
Designed and programmed by John F. Ehlers, MESA9 is a collection of dynamically tuned indicators that derive their adjustments from the high resolution Maximum Entropy Spectral Analysis (MESA) measurement of the spectral content of market data. A low lag, accurate measurement of the dominant cycle is extracted from the spectrum. A simplified model of the market consists of the combination of a trend and a cycle. Since the cycle period is known, it can be removed from the data to expose the underlying trend. The market is best traded using oscillator-type indicators when it is in a cycle mode and is best traded using moving average-type indicators when it is in a trend mode. The MESA9 collection of indicators not only dynamically adjusted by the dominant cycle, but advanced Digital Signal Processing (DSP) techniques are used to produce low lag and non-causal anticipatory signals. The MESA9 indicators were developed and programmed by John Ehlers, a world renowned expert in applying scientific principles and DSP technology to the art of technical trading. Ward Systems Group will provide technical support for the indicator examples and use of the indicators with NeuroShell Trader. Questions concerning theory and methodology should be addressed to John Ehlers through his website at www.mesasoftware.com. |