OPEN-SOURCE SCRIPT
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Fisher Transform Multi-Timeframe

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.
Note di rilascio
Fixed error in final smoothed fisher transform.

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


See calculation here: finance4traders.blogspot.com/2009/06/what-is-fisher-transform.html
See use cases here: tradesoftheday.com/how-to-use-fisher-transform-to-identify-reversals-and-increate-profit-potential/
Note di rilascio
Matched default values to Trading View built in Fisher Transform indicator. You should see identical values.
Note di rilascio
  • 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.
Note di rilascio
  • Added alert conditions for trend changes.
Note di rilascio
  • Fixed bugs.


istantanea
Note di rilascio
  • Added shading fill to Fisher:Fisher[1] lines .
  • Added SRC price options: Close, HL3, OHLC4
Note di rilascio
  • Fixed bug.
Note di rilascio
  • Added 4 color themes for convenience
  • Added 2 thresholds that determine both the candlestick color and the fisher trend color

Declinazione di responsabilità