Determining
Gain Value For Stability From A Nyquist Plot.
Assume that you have the feedback control system shown below. In
this system you are using proportional control, and you have a gain, Kp,
that you can adjust. (If you are using integral control, or something
else, you can still put it into this framework.)

If you have a Nyquist
plot for the system system being controlled (G(s)), then you can determine
the gain at which the system becomes unstable.
Here is a Nyquist plot for a typical system.
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The arrows on the plot
indicate the direction of increasing frequency.
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The solid plot is for
positive frequencies, and the dotted plot is for negative frequencies.
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The plot starts at zero
frequency at a gain of about 0.4
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The plot intersects the
negative real axis at about -0.62
To calculate the gain,
do the following.
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Determine the intersection
with the negative real axis.
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Determine the factor by
which the plot can be resized so that it would go through -1.
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Here you would be able
to increase the plot size by a factor of 1/0.62 = 1.61.
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The resizing factor is
the largest gain that you can have.
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The largest gain you can
have for this system is Kp
= 1.61.