mortdiggiddy

Fisher Transform Multi-Timeframe

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Plots the multi-timeframe version of the fisher transform . When the desired interval is less than the chart interval, the intermediate values of the transform will be displayed.
Phát hành các Ghi chú: Fixed error in final smoothed fisher transform.

  • Added bar coloring for convenience.
  • Added zero line.

See calculation here: http://finance4traders.blogspot.com/2009...
See use cases here: https://tradesoftheday.com/how-to-use-fi...
Phát hành các Ghi chú: Matched default values to Trading View built in Fisher Transform indicator. You should see identical values.
Phát hành các Ghi chú:
  • Added some basic trending functions to show the trend and prevent whipsaws. The trend can only change at the last candle of the fisher transform desired interval.
Phát hành các Ghi chú:
  • Added alert conditions for trend changes.
Phát hành các Ghi chú:
  • Fixed bugs.

Phát hành các Ghi chú:
  • Added shading fill to Fisher:Fisher lines .
  • Added SRC price options: Close, HL3, OHLC4
Phát hành các Ghi chú:
  • Fixed bug.
Phát hành các Ghi chú:
  • Added 4 color themes for convenience
  • Added 2 thresholds that determine both the candlestick color and the fisher trend color
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích
Another day another dollar.

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What do you mean by multi time frame? Just that it works on many different TF?
Phản hồi
mortdiggiddy bobbertoswald
@bobbertoswald, If the indicator is set to a higher time frame than the chart (i.e. the chart is 5 min and the fisher transform is set to 60 min), the incremental values for each 5 minute bar are shown. The values which match at the end of the last 5 minute candle in each 60 minute session, i.e. 0:55, 1:55, 2:55, 3:55, etc.

This indicator allows you to view the fisher transform on a lower chart interval when the fisher transform is set to a higher interval, so the ability to view a higher time frame indicator on a lower chart interval.
Phản hồi
Hi, congrats for your scripts!
In your examples from the chart, what do you mean by up/down and strong? It is related to 0 line or with brighter color?
Phản hồi
@Zekis, I mean that if you were trying to derive a strategy, you could look at a higher time frame fisher transform to see "the trend". The example in the main window is dealing with a 5 minute fisher and a 60 minute fisher. The chart time frame is 60 minutes.
Phản hồi
Nice job on this friend, really well done.
Phản hồi
Fantastic work buddy!! Any chance you could provide a strategy to this with backtest entry/exits? That would be brilliant!
Phản hồi
Phản hồi
nilux mortdiggiddy
@mortdiggiddy, Oh I think you misunderstood me hehe. I was trying to modify your code, turn study() into strategy() and to add a backtest functionality. like this example here:

But I can't get the entry and exit conditions right
Phản hồi
@nilux, I provide the tools, not the strategies. There is no incentive for me to share any strategies for free.
+1 Phản hồi
nilux mortdiggiddy
@mortdiggiddy, I understand :) Thank you for your work with this amazing work anyway! Appreciate it!!
Phản hồi
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