ionone wrote: Sat Jun 21, 2025 7:44 pm Hi MrTools

why don't you answered my dm ? I hope I did not say something bad, if I did i'm sorry

by the way could you make this indicator for MT4 ? I think it should not be too hard for your level

I tried but could not.

thank you so much

Jeff

Phase Accumulation RSX for MT4

Hello, converted it.

What is the PA RSX?

This version of the RSX (Jurik smoothed RSI) dynamically adjusts to market cycles through the application of Hilbert Transform phase analysis.

The notable functions of this code are:

• Utilizes a Hilbert Transform to assess the primary market cycle in degrees.
• Uses phase delta accumulation to ascertain the number of bars (candles) required to complete a full cycle (360 degrees).
• Smooths and filters the period using an EMA

What is the Hilbert Transform?

The Hilbert Transform serves as a mathematical instrument in signal processing, enabling the extraction of a signal's "instantaneous" phase and frequency. In the realms of trading and technical analysis (particularly in indicators created by John Ehlers) it's used to examine price cycles, identify turning points, and dynamically adjust indicators.

John Ehlers regarded price as a waveform (similar to an audio signal) and used signal processing methods to minimize lag and adjust to the prevailing market dynamics.

What could this indicator be used for?

This indicator can be used to help analysts understand where we are in a "cycle" (peak/trough).

The Phase Accumulation RSX can be used:

• To detect momentum shifts with reduced lag compared to the traditional RSI.
• When the market is ranging and early reversal signals are required.
• Helps with detecting market exhaustion during trends when the indicator reaches the OBOS (Overbought/Oversold) levels.