Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 9021
Rating:: (34)
Published:: 2022.01.14 16:23
Updated:: 2022.01.15 00:01

Elegant oscillator.mq5 (9.87 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

In his article in February 2022 issue of TASC, “An Elegant Oscillator: Inverse Fisher Transform Redux,” author John Ehlers explains how he uses the inverse Fisher transform to create an indicator he calls the elegant oscillator.

Recommendations:

this version is extended compared to original (not using fixed oscillator period and you can freely chose prices)
some experimenting with parameters advised (see the example bellow : red is default, blue is with periods 100,100 - so there is plenty of room for experimenting)

Didi Index (Cleaned/Reversed)

Slow Line of the original Didi Index

Deviation Ratio

Volatility/volume indicator based on price deviations anomaly.

Hotkeys_CycleTimeFrames_v1.0

cycle timeframes using hotkeys 'N','M' prev,next timeframe

Level Indicator

The indicator sends a signal at the moment the price crosses a given level, using alerts and push notifications

Elegant oscillator - indicator for MetaTrader 5