OPEN-SOURCE SCRIPT

Inverse Fisher Transform COMBO STO+RSI+CCIv2 by KIVANÇ fr3762

업데이트됨
A combined 3in1 version of pre shared INVERSE FISHER TRANSFORM indicators on RSI , on STOCHASTIC and on CCIv2 to provide space for 2 more indicators for users...



About John EHLERS:


From California, USA, John is a veteran trader. With 35 years trading experience he has seen it all. John has an engineering background that led to his technical approach to trading ignoring fundamental analysis (with one important exception).
John strongly believes in cycles. He’d rather exit a trade when the cycle ends or a new one starts. He uses the MESA principle to make predictions about cycles in the market and trades one hundred percent automatically.
In the show John reveals:
• What is more appropriate than trading individual stocks
• The one thing he relies upon in his approach to the market
• The detail surrounding his unique trading style
• What important thing underpins the market and gives every trader an edge


About INVERSE FISHER TRANSFORM:

The purpose of technical indicators is to help with your timing decisions to buy or
sell. Hopefully, the signals are clear and unequivocal. However, more often than
not your decision to pull the trigger is accompanied by crossing your fingers.
Even if you have placed only a few trades you know the drill.
In this article I will show you a way to make your oscillator-type indicators make
clear black-or-white indication of the time to buy or sell. I will do this by using the
Inverse Fisher Transform to alter the Probability Distribution Function ( PDF ) of
your indicators. In the past12 I have noted that the PDF of price and indicators do
not have a Gaussian, or Normal, probability distribution. A Gaussian PDF is the
familiar bell-shaped curve where the long “tails” mean that wide deviations from
the mean occur with relatively low probability. The Fisher Transform can be
applied to almost any normalized data set to make the resulting PDF nearly
Gaussian, with the result that the turning points are sharply peaked and easy to
identify. The Fisher Transform is defined by the equation
1)
Whereas the Fisher Transform is expansive, the Inverse Fisher Transform is
compressive. The Inverse Fisher Transform is found by solving equation 1 for x
in terms of y. The Inverse Fisher Transform is:
2)
The transfer response of the Inverse Fisher Transform is shown in Figure 1. If
the input falls between –0.5 and +0.5, the output is nearly the same as the input.
For larger absolute values (say, larger than 2), the output is compressed to be no
larger than unity . The result of using the Inverse Fisher Transform is that the
output has a very high probability of being either +1 or –1. This bipolar
probability distribution makes the Inverse Fisher Transform ideal for generating
an indicator that provides clear buy and sell signals.

Creator: John EHLERS
릴리즈 노트
SHOW/REMOVE button added to settings

Inverse Fisher transform on CCIv2 will defaultly appear on the screen, users can add orr remove INVERSE FISHER TRANSFORM on RSI and INVERSE FISHER TRANSFORM on STOCHASTIC by clicking the box on the settings menu
릴리즈 노트
AVERAGE LINE added to the indicator (arithmetic mean of all 3 inverse transformed indicators)
AVERAGE LINE = (inverse cciv2+ inverse rsi+ inverse stochastic)/3

users can make the AVERAGE LINE appear, in purple if the AVERAGE box is selected in the settings.


릴리즈 노트
Added option to plot the Inverse fisher transform on MFI and also users can plot the average of 4 indicators if they prefer to select the AVERAGE option
릴리즈 노트
graphical update
릴리즈 노트
Updated to v5 and added multiple Time frame Feature.
릴리즈 노트
minor update
ehlersFR3762inversefisherinversefishertransformkivancOscillators

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?


Telegram t.me/AlgoRhytm

YouTube (Turkish): youtube.com/c/kivancozbilgic

YouTube (English): youtube.com/c/AlgoWorld
또한 다음에서도:

면책사항