OPEN-SOURCE SCRIPT

QUANTLABS Fisher Stream: 5-TF Consensus Ribbon

54
Markets are noisy. A single timeframe often lies. The Fisher Stream cuts through the noise by inspecting 5 sequential timeframes (Default: 5m, 6m, 7m, 8m, 9m) simultaneously to find the "Perfect Flow."

Unlike standard indicators that repaint or lag, this tool looks for Consensus. When the fast, medium, and slow timeframes within the stream all agree, the ribbon glows, and the background flashes, indicating a high-probability "Full Flow" state.

[How It Works]
The Ribbon: Plots 5 distinct Fisher Transforms.
Blue Lines: Faster timeframes (leading indicators).
Orange Lines: Slower timeframes (trend confirmation).

Consensus Check:

FULL FLOW (Bull): When all 5 lines are > 0. The background flashes Green.
FULL FLOW (Bear): When all 5 lines are < 0. The background flashes Red.
MIXED (Chop): When the lines disagree. The background remains dark, warning you to stay out.

Dashboard: A heads-up display showing the exact Fisher value for every timeframe in the cluster.

[How to Use]

Scalpers: Use the default settings (5m-9m). Enter only when the dashboard says "FULL FLOW" and the candles turn solid Green/Red.

Trend Traders: Change the inputs to higher timeframes (e.g., 15m, 30m, 45m, 1H, 4H) to catch major swing moves.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。