sapientrade

Modified smooth transform

349 1 38
study(title="FISHER/Modified", shorttitle="smooth transform")

/// Define graph data
src             = close
src_high = high
src_low = low

/// User input length
fisherlen = input(21, minval=1, title="Transform Length")
//fourier func
// Fisher
Price = (src_high + src_low) / 2.
MaxH = highest(src_high, fisherlen)
MinL = lowest(src_low, fisherlen)

Value1 = max(-0.9999, min(0.9999, 0.5 * 2 * ((Price - MinL) / (MaxH - MinL) - 0.5) + 0.5 * nz             (Value1)))

Fish = 0.25 * log((1 + Value1) / (1 - Value1)) + 0.5 * nz             (Fish)

/// Plot
plot(Value1, color=green)
plot( nz             (Fish), color=red) // trigger/signal line

// Background color
//sellSignal = ( nz             (Fish) < -0.3 and nz             (Fish) > 0.9 * nz             (Fish))
//bgcolor(sellSignal ? red : white, transp=90)

// Band range
band_green_top = hline(.6999)
band_green_bottom = hline(.9999)
fill(band_green_top, band_green_bottom, color=green, transp=90)

band_red_top = hline(-.6999)
band_red_bottom = hline(-.9999)
fill(band_red_top, band_red_bottom, color=red, transp=90)
Remove from Favorite Scripts Add to Favorite Scripts
study(title="FISHER/Modified", shorttitle="Transform/Proprietary")

/// Define graph data
src = close
src_high = high
src_low = low

/// User input length
fisherlen = input(21, minval=1, title="Transform Length")
//fourier func
// Fisher
Price = (src_high + src_low) / 2.
MaxH = highest(src_high, fisherlen) 
MinL = lowest(src_low, fisherlen)

Value1 = max(-0.9999, min(0.9999, 0.5 * 2 * ((Price - MinL) / (MaxH - MinL) - 0.5) + 0.5 *  nz(Value1[1])))

Fish = 0.25 * log((1 + Value1) / (1 - Value1)) + 0.5 * nz(Fish[1]) 

/// Plot
plot(Value1, color=green)
plot(nz(Fish[1]), color=red) // trigger/signal line

// Background color
//sellSignal = (nz(Fish[1]) < -0.3 and nz(Fish[1]) > 0.9 * nz(Fish[1]))
//bgcolor(sellSignal ? red : white, transp=90)

// Band range
band_green_top = hline(.6999)
band_green_bottom = hline(.9999)
fill(band_green_top, band_green_bottom, color=green, transp=90)

band_red_top = hline(-.6999)
band_red_bottom = hline(-.9999)
fill(band_red_top, band_red_bottom, color=red, transp=90)
Closing long thesis today. Excess vitriol i/e political events. Nice move.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out