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New article Introduction to the Empirical Mode Decomposition Method is published:
This is one of those good and useful articles. Thank you so much, i was so blinded that my only way of analysis was on direct data stream. This is something that could prove really useful to me along with Heuristic Analysis. I will make my own implementation in the future and try to use the embedded MT5 charting functions instead.
However, i'm running the script with the graphical tool provided, it compiles and displays but data is shown as a square wave pattern only. Is this a normal behaviour?I tried different symbols at different time periods on different date intervals, also i tried to set the 'n' value to something smaller then larger but attain the same results.
2. And Google picture of Empirical Mode Decomposition.
3. This probably one of my dumb comment of so many :). A little bit irony in here. The first thing to do, before calculating EMD, is to find the maxima and minima (see below). If we could do that already, then we're already make money. Finding maxima/minima is what we do around here.
The wikipedia also mention (under limitation) that "Datig and Schlurmann  did the most comprehensive studies on the performance and limitations of HHT with particular applications to irregular waves. ... The authors discussed using additional points, both forward and backward, to determine better envelopes.".
4. Filtering out noises - that's what this all about.
This is supposed to be an aternative and better method :Hilbert Vibration Decomposing http://hitech.technion.ac.il/feldman/hvd.html Maybe author or somebody with electronic engineering background write a new article.