The Homodyne Discriminator Cycle Period measures the cycle period of the current market trend. It returns the current cycle period (in bars or candles) of the current market trend (or market cycle). Based on Homodyne Discriminator by John F. Ehlers, Rocket Science for Traders.

This type of algorithm exhibits superior performance in a low signal-to-noise environment.

Homodyne means I use the signal multiplied by itself one bar ago to produce a zero-frequency beat note. This beat note carries the phase angle of the one-bar change. Still using the basic definition of a cycle, the one-bar rate of change of phase is exactly the cycle period.

And now... Here comes the v2v dynamic trading system armed by the DCP (Dominant Cycle Period) ─just replaced the word Discriminator (it seems inappropriate word in the new normal). The DCP tool shared the generated value (number of bars or candles) to the following tools below within the system.

1 ) Regression Analysis: Linear, Quadratic, Logarithmic and Exponential
2 ) Volume Profile with VWAP
3) Traders Dynamic Zone
4) v2v MomenTicks
5) Neural Network
6) v2v top correlations
7) v2v Power