I would like to propose the following Daily Strategy on the Dax based on the Fisher Transform for any changes or opinions.
The Fisher Transform, with its rather complex mathematical formula, aims to create a function similar to a Gaussian probability density function. In this way, a very simple tool such as price is transformed into a technical indicator able to provide “extreme” signals to be exploited tactically.
the spread used is 1 tick
I left activated the cumulative functions, but they can be deactivated.
the system, as you can see, work on the stop and reverse of the fisher, almost always referring to the market.
DEFPARAM CumulateOrders = TRUE // Posizioni cumulate attivate
IF BARINDEX < len THEN
value1 = 0
fish = 0
MaxH = Highest[len](TypicalPrice)
MinL = Lowest[len](TypicalPrice)
Value1 = ( (TypicalPrice - MinL)/(MaxH - MinL) - .5) + .67 * Value1
If Value1 > .99 then
Value1 = .999
If Value1 < -.99 then
Value1 = -.999
Fish = 0.5*Log((1 + Value1)/(1 - Value1)) + .5 * Fish
IF fish CROSSES OVER b THEN
BUY 1 CONTRACT AT MARKET
IF fish CROSSES UNDER A THEN
SELLSHORT 1 CONTRACT AT MARKET
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