Take it and use it!

Attached Files

	Fisher Transform.mq4 (2.7 KB, 376 views)
	MTF_FisherTransform 5m.mq4 (2.9 KB, 439 views)

the histogram repaints itself but I haven't seen the dots repaint. it repaints eveb when the bars have closed.

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I have so many commercial trading systems, indicators n robots. I still keep them to remind me that am better.

I can't notice that it repaint the past but from the code it draw from 0 to Bar. So it compute the shift=0 first then shift=1,2,3,....

It takes too much time for backtesting when call exernal indicator especially of these kind regression indicators.
Here's my function but seems it doesn't work.

double Fisher_Value(int shift)
{
double _Value=0;
int i=0;
for(int i=1;i>=0;shift--)
{
double smax = High[iHighest(NULL,0,MODE_HIGH,Length,shift+i)];
double smin = Low[iLowest(NULL,0,MODE_LOW,Length,shift+i)];
double price = iMA(NULL,0,1,0,0,PRICE_MEDIAN,shift+i);
if (smax==smin) smax=smin+Point;
double wpr=(price-smin)/(smax-smin);
_Value = 0.33*2*(wpr-0.5) + 0.67*_Value;
}
if (_Value> 0.99) _Value= 0.999;
if (_Value<-0.99) _Value=-0.999;
return(_Value);
}

I have a simple ideia for EA using Fisher indicator.
When fisher previous bar more than 0.25, Open BUY

and after open buy, if fisher previous bar below 0.25, CLOSE Buy


And if fisher previous bar below -0.25, OPEN SELL

and after open, if fisher previous bar above -0.25, CLOSE SELL.


No SL and TP. i use this in the manual trade and i have a good profit.


Thank you

Would, could someone code this indicator (Fisher_Yur4ik) for multi time frame usage? Although it absolutely does repaint, I find that it's real value is as a divergence and trend trading indicator seen in different time frames, say for instance 5, 15, 30 min. time frames. For example, if the 15 and 30 min fisher is in a definite uptrend (green) and the 5 min is reversing from green (red), and there is no divergence on the 15 & 30 min times frames, you can stay in the trade until there is divergence in at least two time frames. Or you can exit the trade on the 5 min, and re-enter again when the 5 min matches green again with the 15 & 30min time frames. The reverse is of course true for a sell trade. Used in combo with say RSI for instance, it gives you very high probability trades. Please, help. Seeing this indicator (Fisher Yur4ik) in muti times frames on one chart would be a great feature. It would be worth your time. Bill

I will be glad to share a very good strategy if you can provide the MTF Fisher_Yur4ik indicator mentioned above. But where the indicator does surely repaint, it is almost imperative to see the different time frames on the same chart. I know you will be happy w/ it, but we need the Multi-Time-Frame option. Again, it is a trend recognition trading system and does not employ the indicator in the ways it has been discussed in this thread so far. The indicator by itself is a very poor signal provider, but again,I use it in a different manner. regards: bill

Hi,

Is there any help where can I download the MTF Fisher_yur4ik http://www.forex-tsd.com/attachments...her_yur4ik.mq4

Hello all,

I have been observing the fisher indicators recently and found that in fact the Inverse Fisher one (sorry I am not well versed in MQL code) seems to do very well (albeit stumbles a bit on sideways markets).

filename is: Inverse Fisher.mq4 (sorry still can't post attachments)

If you are able to try it out, (can't remember where I found it) apparently it's simple - quote from the instructions:

The trading rules are simple. Buy when the indicator crosses over –0.5 or crosses over +0.5 if it has not previously crossed over –0.5 and to sell short when the indicators crosses under +0.5 or crosses under –0.5 if it has not previously crossed under +0.5. You can see that the trading signals are not only clear and unequivocal, but they are also profitable.
If anybody has already (or can) code in sound/email alerts for the above criteria, I would be most happy to spend screentime testing it out...

I think potentially it could be used solely, or as an additional confirmation (more testing on my part to be done) for signal generation. Obviously further filtering out of sideways markets is necessary (so far the Damiani voltmeter signal seems a good starting point, or even the TOR indicator)

Personally I currently have it running with BrainTrend1Sig and GMMA (though GMMA does not play much part, just my addiction to the pretty colours!)

Without my ability to post screenshots, anyone else using Inverse Fisher in a profitable/consistent way?

NewDigital, you mentioned use of BrainTrend signals for some time now, still going well with that?

cheers

Be careful, Fisher_Yur4ik_2.mq4 is repainting. You can check it with visualization mode in MT4 tester.http://www.forex-tsd.com/images/smilies/omg_smile.gif