OPEN-SOURCE SCRIPT
Fisher Transform Ribbons Indicator V1.0
Utilizing the Fisher Transform by Ehlers with different lengths based on multipliers will allow you to notice movements in price and understand whether the shift was a correctional wave, or part of the overall trend.
To learn about Fisher Transform , check out the Fisher Transform documentation: mesasoftware.com/papers/UsingTheFisherTransform.pdf
Fisher has plenty of functionalities. Ribbons provides you with a view of consistency in price action. If all ribbons flip, generally this is a strong signal that the trend is changing. Fisher is extremely punctual (minimum input lag) and robust (doesn't miss movement). Look for everything, including divergences, trends, and Oversold, Overbought points.
Changing length will further provide you more sensitivity in overselling and buying, while numbing chop.
Enjoy!
And for a single Fisher, check out HPotter's Fisher Transform
or LazyBear's implementation of the inverse of the Fisher, which has many other interesting properties tradingview.com/script/8OxW1SF4-3-more-indicators-Inverse-Fisher-on-RSI-MFI-and-CyberCycle/.
To learn about Fisher Transform , check out the Fisher Transform documentation: mesasoftware.com/papers/UsingTheFisherTransform.pdf
Fisher has plenty of functionalities. Ribbons provides you with a view of consistency in price action. If all ribbons flip, generally this is a strong signal that the trend is changing. Fisher is extremely punctual (minimum input lag) and robust (doesn't miss movement). Look for everything, including divergences, trends, and Oversold, Overbought points.
Changing length will further provide you more sensitivity in overselling and buying, while numbing chop.
Enjoy!
And for a single Fisher, check out HPotter's Fisher Transform
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。