RafaelZioni

Inverse Fisher RSI-MTF2 alerts

This is the study with allerts of the RSI-MTF2

if there is repainting then I suggest to go to lower time frame and graph of 1 hour or half hour then it will not repaint. the issue i think exist only in 24 hours time frame when you build it on shorter graph
still the results will be great (test it in strategy that i put before this one)

have fun
Remove from Favorite Scripts Add to Favorite Scripts
Posted a rebrush of your code here

also variance as a filter may be used this way:
buy = crossover(value, threshold2) and var > thres_var
sell = crossunder(value, threshold1) and var > thres_var
Reply
RafaelZioni capissimo
thanks , I like very much your work
Reply
As a side note. I found that in lower TFs your strat sometimes raises false flags and i found the reason (probably).
Use variance(price, lookback) as a filter.
When the signal is fired and variance is below some threshold- wait for the rise of the variance and enter in the direction of the signal.
Reply
RafaelZioni capissimo
can you send the changes that you madeso i can check it ?
Reply
capissimo RafaelZioni
@RafaelZioni,
X = input(hlc3)
p = input(2)
mult = input(1., minval=.01, step=.1)
mean(x, p) => sum(x, p) / p
mean_price = mean(X, p) // OR sma et al.
var = variance(mean_price, p)
iv = inverse_fisher(var*100) * mult // this is the case for BTCUSD. Ex. in EUR the variance is very small, so stddev is better. To be tested.
plot(iv, transp=0)
Reply
RafaelZioni capissimo
thanks i will try to see what i can do about it
Reply
i have to back off from my statements at sadly after testing it repaint
Reply
Hi, thank you for the great strategy. If you have recommended settings for short time frame 1M 5M 15M please let me know.
Reply
best is MTF 180 min and graph of 30 min (then no repaint)
Reply
@RafaelZioni, I set the MTF in the script to 180 min and my chart on TV for 30 min, is this correct? thanks for the script it looks very promising
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out