Multi-Functional Fisher Transform MTF with MACDL TRIGGER — Indicateur par QuantitativeExhaustion

macdl mtf multi functional fishertransform

What this indicator gives you is a true signal when price is exhausted and ready for a fast turnaround. Fisher Transform is set for multi-time frame and also allows the user to change the length. This way a user can compare two or more time spans and lengths to look for these MACDL divergent triggers after a Fisher exhaustion. With so many indicators, it's probably best to merge these indicators and change the Fisher and Trigger colors so you can still have a look at price action (remember to scale right after merger). I've noticed from time to time when you have Fisher 34 100 and 300 up and running on two different time frames such as 5 and 15 min charts, with MACDL triggers on the 100/300 or 34/100 you get a high probability trade trigger. However, there are rare exceptions such as when price moves in a parabolic state up or down for a long period where this indication does not work. Ideally this indicator works best in a sideways market or slow rising/descending moving market.

This indicator was worked on by Glaz, nmike and myself
LazyBear also introduced the MACDL indicator

Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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Vous voulez utiliser ce script sur un graphique ?

study(title="Fisher Transform MTF", shorttitle="Fisher MTF")
//Both fisher and macdl MTF
resCustom = input(title="Timeframe", type=resolution, defval="60" )
//--------macdl
src=close
shortLength = input(12, title="Fast Length")
longLength = input(26, title="Slow Length")
sigLength = input(9, title="Signal Length")
ma(s,l) => ema(s,l)
sema = ma( src, shortLength )
lema = ma( src, longLength )
i1 = sema + ma( src - sema, shortLength )
i2 = lema + ma( src - lema, longLength )
macdl = i1 - i2
macdl2 = security(tickerid, resCustom,macdl)
macd=sema-lema
//-------end

//---------fisher
len = input(34, minval=1, title="Fisher")
round_(val) => val > .99 ? .999 : val < -.99 ? -.999 : val
high_ = highest(hl2, len)
low_ = lowest(hl2, len)
value = round_(.66 * ((hl2 - low_) / max(high_ - low_, .001) - .5) + .67 * nz(value[1]))
fish1 = .5 * log((1 + value) / max(1 - value, .001)) + .5 * nz(fish1[1])
fish2 = security(tickerid, resCustom,fish1)
//------------end

sw1=iff(fish2<-6 and macdl2>macdl2[1],1,0)
sw2=iff(fish2>6 and macdl2<macdl2[1],-1,0)
final=sw1+sw2

swap=final==1 or final==-1?fuchsia:green
plot(fish2, color=swap, title="Fisher",style=histogram)
hline(0, color=orange)