Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort – indicator MetaTrader 4

Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort - indicator for MetaTrader 4
The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader’s Choice award in 2011. It begins by smoothing the price curve with a “rainbow” weighted moving average. This smoothed price curve is used to calculate a RSI, which is then smoothed … Read more

Inverse Distance Weighted Moving Average (IDWma) – indicator MetaTrader 4

Inverse Distance Weighted Moving Average (IDWma) - indicator for MetaTrader 4
This multi-timeframe capable moving average discounts prices far from the average. It is smoother than SMA but follows price similar to an EMA of the same length. I came across en.wikipedia.org/wiki/Distance-weighted_estimator, thought it might be useful and coded it. It does have some overshoot and initial lag just like SMA, but converges to nearer to … Read more

Ehlers inverse fisher transform of RSI – indicator MetaTrader 5

Ehlers inverse fisher transform of RSI - indicator for MetaTrader 5
Ehlers inverse Fisher transform of RSI. This version can calculate the inverse Fisher transform of : Regular RSI Cuttler’s RSI Haris’ RSI Rapid RSI RSX Slow RSI Choice of floating or fixed levels is available. If you set the floating levels period to <=1, then fixed levels are calculated. In case when the period for … Read more

NonLag Inverse Fisher Transform of RSX – indicator MetaTrader 4

NonLag Inverse Fisher Transform of RSX - indicator for MetaTrader 4
Inverse Fisher Transform version of nonlag smoothed RSX. Since RSX is already a “smoother than RSI” RSI, if you wish to turn the nonlag smoothing off, then simple set the nonlag smoothing period to <=1. Inverse Fisher Transform enhances the extremes, and it makes the indicators usable for both trend mode as well as the … Read more

NonLag Inverse Fisher Transform of RSX – indicator MetaTrader 5

NonLag Inverse Fisher Transform of RSX - indicator for MetaTrader 5
Inverse fisher transform version of nonlag smoothed RSX. Since RSX is already a “smoother than RSI” RSI, if you wish to turn the nonlag smoothing off, then simple set the nonlag smoothing period to <=1. This version is extended (compared to MetaTrader 4 version NonLag Inverse Fisher Transform of RSX) with a set of 22 … Read more

Inverse Fisher RVI – indicator MetaTrader 5

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

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

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