Pava: what straight lines on Fisher signify on your template...overbought/oversold zones...or something else?
I've been trying to find a solution that marks areas where it is risky to take countertrend trades. When full bars appear it is a good idea to be cautious and use very tight stops if countertrend trades have to be taken.
Here's an M15 template attached that tries to do the same with Ehlers Fisher Transform:
Mr. voltagetoe, I was fortunate enough to see your article. Your black and white indicator I have loaded to use and I think it is promising. But there are still many problems about it, for example: it's really hard to filter some bad trend turning points.
I really think this black and white indicator is useful, but I still need your help if you have found some ways to filter these bad trend turning points effectively?!
Or, Could Master Mladen and Mrtools fix this white and black indicator to filter some bad trend turning points, thanks!
Waiting your responce. Sorry for my English, because it's not my mother tongue.
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what straight lines on Fisher signify on your template...overbought/oversold zones...or something else?
I've been trying to find a solution that marks areas where it is risky to take countertrend trades. When full bars appear it is a good idea to be cautious and use very tight stops if countertrend trades have to be taken.
Here's an M15 template attached that tries to do the same with Ehlers Fisher Transform:
There is a Bezier type ma posted here
Alternative of Moving Averages on the Basis of Bezier Curve - MQL4 Code Base
Here's the ma.
...
I think that the original idea was something like this :
At least that is what biddick was mentioning
Mr. voltagetoe, I was fortunate enough to see your article. Your black and white indicator I have loaded to use and I think it is promising. But there are still many problems about it, for example: it's really hard to filter some bad trend turning points.
I really think this black and white indicator is useful, but I still need your help if you have found some ways to filter these bad trend turning points effectively?!
Or, Could Master Mladen and Mrtools fix this white and black indicator to filter some bad trend turning points, thanks!
Waiting your responce. Sorry for my English, because it's not my mother tongue.
Have a good trading to everybody,
Fire0520