Fisher Transform - page 2

[Scorpion]

spahiu:
more about the indicator and other Fisher based indicators you can find Here at TSD Forex forum...a more comprehensive discussion you'll find over here..unfortunatelly this indicators it's so good because it paints back the past, so it will always signal the turn in price when you look at past activity...although i'm curious about the EA,and how will it behave...

But all indicators paints past price, don't they? I've never seen any indicator paint future price before.

[Scorpion]

I see... this indicator changes its past value! If the period is 10 then 10 bars of fisher are to be changed when price changes. This indicator paints on future price. That's bad

[Scorpion]

Fixed! Yur4k coded this indicator in reverse loop. However, it seems lag up to 10 bars.

[cartoon]

Same error like TTF:sweatdrop , so is that mean this indicator is useless ??

(Now I'm testing this indicator, but still in profit)

[gazuz]

Kind of looks like a moving average to me, ill check this thread every so often

[Scorpion]

Attached is corrected Fisher and the expert. It's quite disappointed to know that Fisher is actually lag 10 bars behind.

Updated (2006-07-31): fixed Fisher Auto v1. The previous expert reverses the position from buy sell.

[Scorpion]

For your information, below is the block of bad code which is now corrected:

   for(int i=0; i<limit; i++)

    {  MaxH = High[Highest(NULL,0,MODE_HIGH,period,i)];

       MinL = Low[Lowest(NULL,0,MODE_LOW,period,i)];

      price = (High+Low)/2;

      Value = 0.33*2*((price-MinL)/(MaxH-MinL)-0.5) + 0.67*Value1;     

      Value=MathMin(MathMax(Value,-0.999),0.999); 

      ExtBuffer0=0.5*MathLog((1+Value)/(1-Value))+0.5*Fish1;

      Value1=Value;

      Fish1=ExtBuffer0;

      

    }

[cmc]

Hi Scorpion,

Can you please advise which file is the Indicator, and which is the EA

Thanks

CMC

[Scorpion]

Hi CMC,

Fisher Auto is expert advisor while another one is indicator.

[Scorpion]

Hi CMC,

Fisher Auto is expert advisor while another one is indicator.