Fisher Transform with Up/Down colours - squattter - V2Colours change faster now using the white line as reference rather than the bars.
Fisher
[RS]RSI Inverse Fisher Transform V1RSI inverse fisher transform (fishy turbo) as described here:
autotradingstrategy.wordpress.com
forexsb.com
update:
added color conditional.
[RS]RSI Inverse Fisher Transform V0RSI inverse fisher transform (fishy turbo) as described here:
autotradingstrategy.wordpress.com
forexsb.com
Fisher Transform with Up/Down colours - squattterCredit to HPotter - colour code borrowed from his AO script.
StochRSI overSold/Bought alerts - by squattterDepending 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"
Function Fisher Transform V1added ability for selecting src to the fisher() function. now can be used with rsi/stoch/macd/etc...
Fisher Transform MTFThis is a simple code that allows a user to use Fisher Transform Indicator for multiple time frames.
Fisher Transform StrategyDirect 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.
Fisher Transform Indicator by Ehlers 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 swings as relatively rare events.
Fisher transform formula is: y = 0.5 * ln ((1+x)/(1-x))
The sharp turning points of these peak swings clearly and unambiguously
identify price reversals in a timely manner.
