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Blahtech Fisher Transform MT5

Blahtech Fisher Transform indicator is an oscillator that displays overbought and oversold locations on the chart. The Fisher Transform algorithm transforms prices with any distribution shape into a normal distribution. The end result is a curve with sharp turning points that may help to identify bullish or bearish trends.

Fisher Transform values exceeding 1.66 on the daily chart are considered to be good areas for reversal trades.


Feature Highlights

  • Configurable calculation variables
  • Customizable alerts and messages


Input Parameters

  • Periods - Number of candles back to use for the calculation
  • Apply To - Price to use
    1. Close
    2. Open
    3. High
    4. Low
    5. Median
    6. Typical
    7. Weighted Close
  • Shift - Offset display on chart by a number of bars
  • Alert Level High - Set the high trigger level
  • Alert Level Low - Set the low trigger level
  • Alerts -Popup - Enable/disable sound and popup dialog for active alerts
    1. Disabled
    2. Sound Only
    3. Popup and Sound
  • Alerts - Email - Enable/disable email for active alerts
  • Alerts - Notification - Enable/disable notifications for active alerts
  • Alerts - Sound Wav File - Set the wav file to be used for alerts
  • Alerts - Message Text - Configure the popup and notification alert message text
  • Alerts - Email - Subject - Configure the email alert subject
  • Alerts - Email - Body - Configure the email alert body
  • Show Data Buffers - Show the iCustom Buffers in the Data window


Developers - iCustom buffers

  1. Fisher
  2. Trigger
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The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "Trading Chaos (2-nd edition)": Bullish and bearish divergence bars with angulation (including squat). Bars in the red and in the green zones according to the color of the Awesome Oscillator histogram. Squat bars on the chart independent of the color of the Awesome Oscillator histogram. Levels of "important" fractals relative to the "Teeth line" of the Alligator indicator. Drawing angulati
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Belkhayate Gravity Center MT5 Custom
Ahmed Alaoui Chrifi
Belkhayate Gravity Center MT5 Custom The Belkhayate center of gravity indicator is best used to confirm major turning points, and distinguish price extremes. Generally if price reaches the upper or lower levels one should expect a turn around coming soon, or at least a pull back towards the centre line if there is a strong trend. The upper and lower levels are red and green lines. Our indicator use the same parameters as the well known trader M.Mostafa Belkhayate the inventor of the indi
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Version 1.2 2021.01.20
- Fix ApplyTo functionality
Version 1.1 2019.06.19
- Improve visuals in Strategy Tester