Fisher Transform applied to Stochastics

• 09/08/2021 at 1:56 PM #177019
  Alfy

  Good afternoon guys, I’m trying to apply the Fisher Transform to 3 stochastics. Someone has already kindly posted the Fisher transform code which I’ve also posted here but i don’t know how to apply it to the % K stochastics lines. I’m looking to apply it to the stochastics (5,3), (8/5) and (17/5). Any help you can give me is much appreciated.

  Best wishes

  Fisher Transform code

  IF BARINDEX < 5 THEN value1 = 0 fish = 0 ELSE MaxH = Highest[5](MEDIANPRICE) MinL = Lowest[5](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=1.2 b=-1.2 ENDIF RETURN Fish,Trigger,a,b

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

  IF BARINDEX < 5 THEN      value1 = 0 fish = 0      ELSE      MaxH = Highest[5](MEDIANPRICE) MinL = Lowest[5](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=1.2 b=-1.2      ENDIF RETURN Fish,Trigger,a,b

   

  

  Alfy

  Participant

  Topics: 34

  Replies: 53

  Been thanked: 5 times
• Author
  Posts