Fisher Indicator ok on day charts, problems on 1min charts

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  • 06/14/2017 at 3:31 PM #38304 quote
    Denny
    Participant
    New

    I can use the following indicator with Day charts and no problems with period length.I can take it as low as I want to, yet on 1min charts it is restricted to len=14 period,but then this is for today because yesterday it was at len=13 and going no lower on the 1min charts. I would prefer to work with len=5 on 1 min charts but have been unable to do that. I became PRT
    member (complete) few weeks ago now and that minimum level of period length on 1min charts has been varying between minimum of 8 and 14 length, totally erratic. Any help greatly appreciated.

    IF BARINDEX < len THEN
 
value1 = 0
fish = 0
 
ELSE
 
MaxH = Highest[len](MEDIANPRICE)
MinL = Lowest[len](MEDIANPRICE)
Value1 = ( (MEDIANPRICE - MinL)/(MaxH - MinL) - .5) + .67 * Value1
 
If Value1 > .99 then
Value1 = .999
ENDIF
 
If Value1 < -.99 then
Value1 = -.999
ENDIF
 
Fish = 0.5*Log((1 + Value1)/(1 - Value1)) + .5 * Fish
Trigger=fish[1]
 
a=5
b=-5
 
ENDIF

RETURN Fish,Trigger,a,b
    06/14/2017 at 4:20 PM #38305 quote
    Nicolas
    Keymaster
    Master

    What is the instrument with the problem? I can reproduce the issue on DAX cfd 1€/contract on a 1 minute chart, but just to be sure what may cause this. Thank you.

    06/14/2017 at 5:03 PM #38307 quote
    Denny
    Participant
    New

    Thanks for your reply. It is the spot GBP/USD and at this precise moment I see that the length can be taken to the 5period len. It has happened before though and like I said it is erratic and appears intermittent.

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Fisher Indicator ok on day charts, problems on 1min charts


ProBuilder: Indicators & Custom Tools

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Denny @denny Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Denny
8 years, 8 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/14/2017
Status: Active
Attachments: No files
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