mortdiggiddy

12 de Feb. de 2019 16:18

Fisher Transform Multi-Timeframe

E-mini Nasdaq-100 FuturesCME

Descripción

⋅ 12 de Feb. de 2019 16:18

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.

Notas de prensa

⋅ 12 de Feb. de 2019 17:28

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/

Notas de prensa

⋅ 12 de Feb. de 2019 18:11

Matched default values to Trading View built in Fisher Transform indicator. You should see identical values.

Notas de prensa

⋅ 12 de Feb. de 2019 19:14

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.

Notas de prensa

⋅ 12 de Feb. de 2019 19:20

Added alert conditions for trend changes.

Notas de prensa

⋅ 12 de Feb. de 2019 23:10

Fixed bugs.

Notas de prensa

⋅ 14 de Feb. de 2019 11:24

Added shading fill to Fisher:Fisher[1] lines .
Added SRC price options: Close, HL3, OHLC4

Notas de prensa

⋅ 14 de Feb. de 2019 11:38

Fixed bug.

Notas de prensa

⋅ 24 de Feb. de 2019 1:13

Added 4 color themes for convenience
Added 2 thresholds that determine both the candlestick color and the fisher trend color

Comentarios

andrewallred16

⋅ 30 de May. de 2021 18:01

dcrain328

⋅ 18 de Dic. de 2019 20:24

Hi, what are your setting for the bottom picture to make it look like that? thanks

BobAndrews

⋅ 13 de Dic. de 2019 15:21

Hello mortdiggiddy, your scripts are really amazing!

Is there a typo in line 48?: "OHLC4" ? (op + h + l + close) / 3
3 instead of 4?
greetings

mortdiggiddy

⋅ 13 de Dic. de 2019 21:53

@BobAndrews, Yes thanks, the line should read

p = src == "HL2" ? (h + l) / 2 : src == "HLC3" ? (h + l + close) / 3 : src == "OHLC4" ? (op + h + l + close) / 4 : close

aNuFFi

⋅ 4 de Sep. de 2019 10:53

Awesome stuff mortdiggiddy!

Wondering if you convert this to pinescript v4 - I gave it a go without much expertise, but came unstuck converting the array across.

mortdiggiddy

⋅ 4 de Sep. de 2019 13:43

@aNuFFi, There is no advantage to converting to pine 4.

Dr_Khaos

⋅ 1 de Ene. de 2021 1:07

This is brilliant, thank you! I see it's in Pinescript V3 - Tradingview converter has an issues with line 85 in converting to Pinescript V4. Any idea how to correct the conversation error?

'Conversion failed, reason: Source pine is incorrect. line 85: Assertion failed: Tuple lengths are different! lvalue length is 6 rvalue lenght is 4'

Minerva11

⋅ 23 de Oct. de 2020 4:05

Thanks for your great work!

bobbertoswald

⋅ 25 de May. de 2019 7:11

What do you mean by multi time frame? Just that it works on many different TF?

mortdiggiddy

⋅ 25 de May. de 2019 12:35

@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.

Más