Indicators: Fisher Transform Indicator
Interesting write-up! Fisher Transform looks like another momentum-based indicator similar to RSI or Stochastic. While it turns lag into sharp reversal points, it remains to be seen whether it provides better accuracy or fewer false signals compared to the classic ones
Phuong Tran #:
Interesting write-up! Fisher Transform looks like another momentum-based indicator similar to RSI or Stochastic. While it turns lag into sharp reversal points, it remains to be seen whether it provides better accuracy or fewer false signals compared to the classic ones
Interesting write-up! Fisher Transform looks like another momentum-based indicator similar to RSI or Stochastic. While it turns lag into sharp reversal points, it remains to be seen whether it provides better accuracy or fewer false signals compared to the classic ones
Thanks for the feedback! You're right that it's in the same family as RSI/Stochastic — momentum-based, using recent price range. The main difference here is the logarithmic transform, which sharpens turning points mathematically, but I haven't run a direct comparison against RSI/Stochastic for accuracy or false-signal rate. That'd be a good follow-up test.
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Fisher Transform Indicator:
A Fisher Transform oscillator built from statistical first principles — normalizing price into a bounded range, then applying a logarithmic transform to produce sharp, well-defined reversal signals instead of the gradual turns typical of conventional oscillators. Internal recursive state is handled through proper calculation buffers for reliable, correct behavior across backtests. From the article series "Making Custom Indicators for Beginners."
Author: Syed Jawad Hussain Naqvi