Phase Accumulation

Working through the archives again this week and here I would like to add the standalone version of the Phase Accumulation indicator coded by Mladen.

John Ehlers developed an indicator known as Phase Accumulation. At that time, there were no available versions for MT4. Mladen's research revealed that no functional version existed for Metatrader 4, and the ones he encountered had too much deviations from the original, limiting their practical application. Consequently, he created a new version from the ground up.

The fundamental concept of Phase Accumulation is to determine the number of price bars required to sum the phases of each price bar in order to complete a specific "cycle".

While Ehlers's original implementation utilized only one full cycle, Mladen's adaptation allows users to select the number of cycles for which they wish to analyze the phases.