Indicators: iFisher

 

iFisher:

New fisher to catch trend with indication UP and DN

Author: Syahirul Nizzam Bin Haron

 

Hello


Nice Indicator but there is something wrong in it.

it says Nope when the color is either red or blue or 

either it says UPTrend or DNTrend when the color is yellow.

 
adaheem:

Hello


Nice Indicator but there is something wrong in it.

it says Nope when the color is either red or blue or 

either it says UPTrend or DNTrend when the color is yellow.

It says that

         if(Fisher[1]<Fisher[0] && Fisher[0]>0.0) 
         {
         OP="UP Trend";
         }
         else
           {
         if(Fisher[1]>Fisher[0] && Fisher[0]<0.0)
         {
         OP="DN Trend";
         }



         else OP="NOPE";
           }   

for example Up Trend-> when iFisher goes above 0.0, this show UP Trend and must focus onthat trend only...but in some cases, price make some adjustment that will bring to down trend somehow and iFisher indicator show nope to trade...

This mean, we will trade Buy only when iFisher show its line above 0.0 AND their direction also show UP(blue color)...

And the SELL is vice versa.

 
one of the best i've came across so far 
 
Hi..... What's up... Can i ask something for how to get your signal.. I want to make it as expert advisor?? How to get the signals to open order and get iFisher's value in expert Code
 
What is the premise of this indicator? What is it measuring?
 
i am just new in mt4 and this is best indicator so far... i really love it... thanks....... 
 
Jordan Mullin:
What is the premise of this indicator? What is it measuring?
 MathLog((1.0+Value[shift])/(1.0-Value[shift]))/2.0 + Fisher[shift+1]/2.0;



This is a Sigmoid Function...it calculate base on Log

 
Stefanus Nigel:
Hi..... What's up... Can i ask something for how to get your signal.. I want to make it as expert advisor?? How to get the signals to open order and get iFisher's value in expert Code
         if(Fisher[1]<Fisher[0] && Fisher[0]>0.0) 
         {
         OP="UP Trend";
         }
         else
           {
         if(Fisher[1]>Fisher[0] && Fisher[0]<0.0)
         {
         OP="DN Trend";
         }
         else OP="NOPE";
           }   

this is the heart of output signal from this indicator ... you can transform this kind of indicator into a function and let the function decide to give buy / sell signal to your EA...