Fisher

Inverse Fisher RVI – indicator MetaTrader 5

by
Inverse Fisher RVI - indicator for MetaTrader 5
Relative Vigor Index indicator used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security’s closing price relative to its price range, and the result is smoothed by calculating an exponential moving average of the values. The indicator … Read more

Ehlers fisher transform of smoother RSI – indicator MetaTrader 5

by
Ehlers fisher transform of smoother RSI - indicator for MetaTrader 5
Basics: Original Ehlers fisher transform is using an adjusted RSI in a fisher transform calculation in order to further normalize and emphasize the RSI values in order to be able to spot market conditions in easier way. This version: It is adding 2 steps: floating levels usage option in case that the floating level is … Read more

Ehlers fisher transform of rsi(OMA) – indicator MetaTrader 5

by
Ehlers fisher transform of rsi(OMA) - indicator for MetaTrader 5
Basics: Original Ehlers fisher transform is using an adjusted RSI in a fisher transform calculation in order to further normalize and emphasize the RSI values in order to be able to spot market conditions in easier way. This version : It is adding 2 steps : floating levels usage option in case that the floating … Read more

Ehlers Fisher transform (original) – indicator MetaTrader 5

by
Ehlers Fisher transform (original) - indicator for MetaTrader 5
Theory: Ehlers’ Fisher transform has a long history of being plain wrongly coded (as the famous “solar wind”) or wrongly coded because of misinformation. Some fault is the fault of coders (like the “solar wind” case). But some is caused by John Ehlers himself. In his book he introduces one formula at page 7 when … Read more

The Fisher Stochastic Center Of Gravity – indicator MetaTrader 5

by
The Fisher Stochastic Center Of Gravity - indicator for MetaTrader 5
Buy when the indicator line is green and sell when it turns red. The version for MetaTrader 4 will not be presented here. You can download it along with the source code through my Telegram channel. The link to the channel is in my profile. Don’t forget to subscribe! The Fisher Stochastic Center Of Gravity … Read more

The Fisher Transform Indicator – indicator MetaTrader 5

by
The Fisher Transform Indicator - indicator for MetaTrader 5
Buy when the indicator line is green and sell when it turns red. The Fisher Transform indicator is an oscillator that helps to identify trend reversals and can be applied to any financial instrument. It was created by J.F. Ehlers and transforms prices into a Gaussian normal distribution. The oscillator moves above and below a … Read more

Inverse Fisher Transform RSI by John Ehlers unsmoothed version for MT4 – indicator MetaTrader 4

by
Inverse Fisher Transform RSI by John Ehlers unsmoothed version for MT4 - indicator for MetaTrader 4
Developed by John Ehlers, the RSI-based inverse Fisher Transform is used to help clearly define trigger points.  The normal RSI indicator is calculated and adjusted so that the values are centered around zero. The inverse transform is then applied to these values. Inverse Fisher Transform RSI by John Ehlers unsmoothed version for MT4 – indicator … Read more