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

설명

⋅ 2014년 4월 11일 오후 10시 0분

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: mesasoftware.com/Papers/THE INVERSE FISHER TRANSFORM.pdf

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.

Technical Indicators lazybear Relative Strength Index (RSI)MFI cybercycle Fisher Transform

코멘트

zebusman

⋅ 2018년 5월 26일 오후 11시 15분

Hi Sir
How to get Inverse Fisher on MFI (IFTMFI)
-Inverse Fisher on CyberCycle (IFTCC) ?

craunico

⋅ 2015년 10월 5일 오후 2시 42분

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

QuantitativeExhaustion

⋅ 2014년 4월 19일 오후 5시 21분

Related Indication

...code you worked on (slightly Modified)

study(title = "Ulcer Slow Stregth Index [LazyBear]", 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 [LazyBear]", 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

QuantitativeExhaustion

⋅ 2014년 4월 25일 오후 2시 25분

I'm going to try more test on this one

QuantitativeExhaustion

⋅ 2014년 4월 19일 오후 5시 10분

Nice work here. Excellent indications to tell me to stay in the trend when bearish/negative.

QuantitativeExhaustion

⋅ 2014년 4월 19일 오후 5시 13분

*and when to get out. Very obvious with inverse Fisher, breaking the negative -.5 reading.

Goldeny

⋅ 2014년 4월 12일 오후 5시 29분

I checking all your post and want to say thanks for your work. Please continue

LazyBear

⋅ 2014년 4월 12일 오후 5시 48분

Thx.

Trucking

⋅ 2014년 4월 28일 오전 3시 34분

Very nice> Use this for shorting puts