Empirical Mode Decomposition is a recent Survey Indicator proposed by Ehlers in Mar 2010, in “T. A. of Stocks and Commodities“. It has been adapted to the Trade Station language and I modified it according to some of my back testing.
Above the blue line = trend UP Under the yellow line = trend DOWN Between the 2 lines = stock is in “cycling mode” …………but in reality one can find more subtle interpretations of it, like the crossing of lines, together with other indicators.
Some people try now to use the ”Huang Decomposition Math” to build something even better and make it broadly available. If I get more news, I’ll let you know…
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