SC MTF Fisher Transform MT4

Advanced Fisher Transform Indicator with dual-line signals, two-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system.

Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile.

Feedback and reviews are highly appreciated!

What is Fisher Transform?

The Fisher Transform is a technical indicator that converts prices into a Gaussian normal distribution. Developed by John Ehlers, it amplifies price turning points by transforming the price into values that oscillate between extreme positive and negative readings.

The indicator produces sharp, clearly defined turning points, making it easier to spot potential reversals. Values above +2.0 indicate extreme overbought conditions, while values below -2.0 indicate extreme oversold conditions. The indicator consists of two lines: the Main line (Fisher Transform value) and the Signal line (a smoothed version of the Main line). Crossovers between these lines are commonly used as entry signals.

Features:

  • Dual-line Fisher Transform (Main and Signal) with two-level system (High/Overbought and Low/Oversold)
  • Visual signal markers (arrows, vertical lines) with three independent configurable signal buffers
  • Advanced signal detection: direction change, line cross, level cross, peak/valley for both lines
  • Configurable alert functions (email, push, sound, popup) with time range filtering
  • Multi-timeframe (MTF) with interpolation, multiple color modes, and iCustom buffer access for EA integration

Input Parameters:

  • Basic Settings:
    • Fisher Transform parameters: Period (default: 10), Signal line smoothing period (3), Applied price (Median).
    • Bar shift: Shift the indicator values by a specified number of bars.
    • Multi-timeframe: Fisher Transform timeframe selection, MTF on higher TF only, and MTF interpolation mode.
    • Performance: Maximum bars to calculate. Label display in the indicator window.
  • Levels Settings:
    • Level configuration: Toggle visibility, set High (overbought, default: 2.0) and Low (oversold, default: -2.0) boundaries, optional Middle level display.
    • Level appearance: Customize color, style, and width.
  • Signal Settings:
    • Signal triggers: Configure 3 independent signals with detection types (direction change, line cross, level crossings, peak/valley).
    • Visual markers: Arrows and vertical lines with customizable size, style, position, Wingdings codes, and colors.
  • Alert Settings:
    • Alert configuration: Timing (Off/After close/Before close/Both), interval limit, time range filter.
    • Delivery methods: Email, push notification, popup, sound with file selection.
  • Color and Style Settings:
    • Color modes: Simple, Cross variations, Direction, Direction with levels, Level-based (multiple modes).
    • Display options: Histogram mode for Main and Signal lines, line appearance customization (4 colors, style, width for both lines).
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Noise filtering: the key to mastering trends This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indi
Scalper Vault
Oleg Rodin
5 (38)
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Scalper Vault is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFT
Trend Lines PRO
Roman Podpora
5 (1)
Indicators
TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
ReTest Histogram ms
DMITRII GRIDASOV
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Crypto_Forex Indicator "ReTest Histogram" for MT4, No Repaint. - ReTest_Histogram indicator can be used for search of entry signals into the main trend direction after the retesting of strong S/R level. - ReTest Histogram can be in 2 colors: red for bearish trend and green for bullish one. - Once you see steady consecutive histogram columns of the same color it means new trend takes place. - ReTest signal is 1 column with opposite color in histogram and next column with trend color (see the pic
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