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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.
Notes de version
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/
Notes de version
Matched default values to Trading View built in Fisher Transform indicator. You should see identical values.
Notes de version
  • 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.
Notes de version
  • Added alert conditions for trend changes.
Notes de version
  • Fixed bugs.


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

Clause de non-responsabilité