Based on 3 Fisher transforms -- this script look for confluence on crosses of 0 this is alert enabled; make sure to use 'once per bar on close' hope it helps xoxo --sn00p
Market prices do not have a Gaussian probability density function as many traders think. Their probability curve is not bell-shaped. But trader can create a nearly Gaussian PDF for prices by normalizing them or creating a normalized indicator such as the relative strength index and applying the Fisher transform. Such a transformed output creates the...
Market prices do not have a Gaussian probability density function as many traders think. Their probability curve is not bell-shaped. But trader can create a nearly Gaussian PDF for prices by normalizing them or creating a normalized indicator such as the relative strength index and applying the Fisher transform. Such a transformed output creates the peak...
Colours change faster now using the white line as reference rather than the bars.
RSI inverse fisher transform (fishy turbo) as described here: autotradingstrategy.wordpress.com forexsb.com update: added color conditional.
RSI inverse fisher transform (fishy turbo) as described here: autotradingstrategy.wordpress.com forexsb.com
Credit to HPotter - colour code borrowed from his AO script.
Depending on the new trend - Fisher 100 crossing 0; Set an alert on each Long/Short "crossing down", 0.8 (or anything below 0.99), "on condition"
UPDATE: added CCI to the list of oscilators.
Update: added Fisher Transform to the list of oscillators.
added ability for selecting src to the fisher() function. now can be used with rsi/stoch/macd/etc...
This is a simple code that allows a user to use Fisher Transform Indicator for multiple time frames.
Direct port of the original Fisher Transform to TradingView: media.johnwiley.com.au www.mesasoftware.com This might be better suited to be combined with other indicator to be effective, such as the Fisher Transform of RSI. I hope you have found this useful :) Happy trading. Thanks to @MikeLloyd for referring me to this, and here's my port for you.
Market prices do not have a Gaussian probability density function as many traders think. Their probability curve is not bell-shaped. But trader can create a nearly Gaussian PDF for prices by normalizing them or creating a normalized indicator such as the relative strength index and applying the Fisher transform. Such a transformed output creates the peak...