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Fisher Transform Multi-Timeframe

18 801
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.
Catatan Rilis
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/
Catatan Rilis
Matched default values to Trading View built in Fisher Transform indicator. You should see identical values.
Catatan Rilis
  • 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.
Catatan Rilis
  • Added alert conditions for trend changes.
Catatan Rilis
  • Fixed bugs.


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

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