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Fisher Transform applied to Stochastics

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Fisher Transform applied to Stochastics

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09/08/2021 at 1:56 PM #177019 quote

Alfy

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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

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

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Fisher Transform applied to Stochastics

ProBuilder: Indicators & Custom Tools

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Alfy @alfy Participant

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Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	09/08/2021
Status:	Active
Attachments:	No files

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Fisher Transform applied to Stochastics

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Fisher Transform applied to Stochastics ProBuilder: Indicators & Custom Tools

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Fisher Transform applied to Stochastics

ProBuilder: Indicators & Custom Tools