thanks a lot pal. expecting more help from u bro.
I like just the look of that fisher indicator. Thanks.
i'm a newbie so just still experimenting with indicators. i read about the fisher transform at cms. i want to know how to use it.
can anyone add Breakeven "extern int BE = 3;"
Hello every one!
I took updated by scorpi indicator Fisher_Yur4ik.mq4 from post 17
and manually back tested from may 2007 until Aug 2010.
Buying on second green candle,
Selling on second red one.
Positive trades 23
Overall plus +10317 pip
Overall minus -6411 pip
Difference +3906 pip for over 3 years is not good result.
That's why scorpi is abandoned this post.
Anyway, thanks scorpi for good coding job!
Let's take another step in our forex evolution.
Hi (if you ever see this message Mxyzptlk),
First of all thanks for posting this simple and by the looks of it, effective strategy. I went back to December 2009 on an Eur/Usd 15M chart to compare, but I just cannot get the same Fisher histogram as you, and I have tried the ones that repaint, the ones that doesn't repaint (corrected by Scorpion - Thanks) and all the Peroid settings between 2 and 20 and it never looks like yours !!!
Do you mind telling me (us) and posting in here exactly which version of Fisher_Yur4ik you are using and the period settings.
Thanks in advance, although as this thread is quite old now, it wouldn't surprise me if I never hear another word lol.
Fisher is one of the worst indicators in forex
Thanks, I'll bear that in mind but why do you say that (is it too slow to react, too many false signals....) ?
"Difference +3906 pip for over 3 years is not good result" Depends how you look at it? On standard account it is $39.060. I assume that it was one pair and if you do the same on a few pairs it could be satisfying earning. There are 95% of traders in the field who don't make even near that much or make that much but reverse - 39.000.
Am I wrong?