The development of a new five-stages symmetric two-step method of fourteenth
algebraic order with vanished phase-lag and its first, second, third and
fourth derivatives is analyzed in this paper. More specifically: (1) we will
present the development of the new method, (2) we will determine the local
truncation error (LTE) of the new proposed method, (3) we will analyze the
local truncation error based on the radial time independent Schr?dinger
equation, (4) we will study the stability and the interval of periodicity of
the new proposed method based on a scalar test equation with frequency
different than the frequency of the scalar test equation used for the
phase-lag analysis, (5) we will test the efficiency of the new obtained method
based on its application on the coupled differential equations arising from
the Schr?dinger equation.