LazyBear

3 more indicators: Inverse Fisher on RSI/MFI and CyberCycle

Suggested by John Ehlers , IFT helps you to determine the exact oversold/overbought points in any oscillator-type indicators.

The 3 IFT based indicators in this chart are:
- Inverse Fisher on RSI (IFTRSI)
- Inverse Fisher on MFI (IFTMFI)
- Inverse Fisher on CyberCycle (IFTCC)

Suggested method to use any IFT indicator is to buy when the indicator crosses over –0.5 or crosses over +0.5 if it has not previously crossed over –0.5 and to sell short when the indicators crosses under +0.5 or crosses under –0.5 if it has not previously crossed under +0.5.

More info: http://www.mesasoftware.com/Papers/THE%2...

You can use these indicators by doing "Make it mine" (Click on "Share" to open the dialog box with this button).

Let me know what you think, would love to hear how these indicators are used and how effective these are for other instruments.
오픈 소스 스크립트

진정한 TradingView의 정신에 따라, 이 스크립트의 작성자는 스크립트를 오픈소스로 게시했기에 거래자들이 이해하고 확인할 수 있습니다. 작가님께 건배! 스크립트를 무료로 사용할 수 있지만, 게시물에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 당신은 스크립트를 차트에 사용하기 위해 그것을 즐겨찾기 할 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?
//
// @author LazyBear
// If you use this code in its orignal/modified form, do drop me a note. 
// 
study("Inverse Fisher Transform RSI [LazyBear]", shorttitle="IFTRSI_LB")
s=close
length=input(14, "RSI length")
lengthwma=input(9, title="Smoothing length")

calc_ifish(series, lengthwma) =>
    v1=0.1*(series-50)
    v2=wma(v1,lengthwma)
    ifish=(exp(2*v2)-1)/(exp(2*v2)+1)
    ifish

plot(calc_ifish(rsi(s, length), lengthwma), color=orange, linewidth=2)
hline(0.5, color=red)
hline(-0.5, color=green)
List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970

코멘트

Hi Sir
How to get Inverse Fisher on MFI (IFTMFI)
-Inverse Fisher on CyberCycle (IFTCC) ?
+22 응답
Hey Lazy Bear I just joined and really like your dedication to this and the excellent work. I saw the IFTRSI however, I cannot find the other two ( CC and MFI) Thanks again
+14 응답
Related Indication

...code you worked on (slightly Modified)

study(title = "Ulcer Slow Stregth Index ", shorttitle="USSI")
length1=input(14)
length2=input(21)
cutoff1=input(3)
cutoff2=input(20)
src=close

calc_ui(src, length) =>
hcl=highest(src,length)
r=100.0*((src-hcl)/hcl)
sqrt(sum(pow(r,2), length)/length)

ui1=calc_ui(src, length1)
ui2=calc_ui(src, length2)
hline(cutoff1, color=red)
hline(cutoff2, color=maroon)
x=avg(ui1, ui2)
plot(x, linewidth=2, color=maroon)

study(title = "Ulcer Fast Stregth Index ", shorttitle="UFSI")
length1=input(4)
length2=input(9)
cutoff1=input(2)
cutoff2=input(10)
src=close

calc_ui(src, length) =>
hcl=highest(src,length)
r=100.0*((src-hcl)/hcl)
sqrt(sum(pow(r,2), length)/length)

ui1=calc_ui(src, length1)
ui2=calc_ui(src, length2)
hline(cutoff1, color=red)
hline(cutoff2, color=maroon)
x=avg(ui1, ui2)
plot(x, linewidth=2, color=black)



Problem with this example and Ulcer example I plugged in here, is that the indicator works really well at picking off the highest degree of capitulation for the downside, and not the parabolic moves to the upside.

What would be the best way to represent a parabolic upside move?

Inverse(ing)
Inverse(ing) in reference with RSI
+6 응답
I'm going to try more test on this one
+5 응답
Nice work here. Excellent indications to tell me to stay in the trend when bearish/negative.
+5 응답
QuantitativeExhaustion QuantitativeExhaustion
*and when to get out. Very obvious with inverse Fisher, breaking the negative -.5 reading.
+5 응답
I checking all your post and want to say thanks for your work. Please continue
+3 응답
LazyBear Goldeny
Thx.
+6 응답
Currently working on a bot using tradewave. I make simulation with many indicators. I will tell you the result soon. IFTCC seems great.
+3 응답