I have done the small improvements regarding eliminating zero deviding.
I think that all problems with Fish are solved.
From myself I shall notice, that the formula of calculation WPR (or Stochastic) is put in a basis of the indicator.
Try to change formula to
Fisher[shift] = 0.5*MathLog((1.0+Value[shift])/(1.0-Value[shift]));
you'll get more faster Zero cross ..
And also Ln((1+x)/(1-x))>0 only then x>0.... so we dont need Fisher[shift]..at all
The point in Fisher : FisherFisher
and you use
" price =iMA(NULL,0,1,0,0,Price,shift);
if (smax-smin==0.0) double wpr=1.0; else wpr=(price-smin)/(smax-smin);
Value[shift] = 0.33*2*(wpr-0.5) + 0.67*Value[shift+1]; " .... its giving signals late mate
Again about Fish...
Some of you asked me to explain what is a 'Fish'.
Now I ready to give more information on this subject.
First, I recommend to read the article John F.Ehlers 'Using The Fisher Transform', which you will find in attachment.
Secondly, I have written the indicator for Omega TS by original algorithm. You may see it on the chart.
Think, this must remove all disputable questions on this indicator.
Hi igorad can you make fisher line indicator for mt4 it looks good
It ready already.
Just does a question without pertub this thread : Exist the original indicator FX_Fisher (first post) for MT3?
The dots on the bars is not a Fisher Transform as i understand,right?
Good Luck whith this indicator...
About what dots there is a speech?
At the upper window you can see PriceChannel_Stop_v6,
at the bottom - Fisher.
could someone please summarize what each fisher indicator is good for and what it isn't good for?
I'm assuming from the discussion that FX Fish is good to confirm the direction of the trend, but not to use for exits. If it is good to confirm the direction of the trend, is it also good to confirm the magnitude of the trend?
and that it is only for confirming direction when live, not when looking at it on a historical chart because the bars have been redrawn?
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