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Mon,14Oct2019

TT4Y_DC_FisherTransform


Platform: jForex/Dukascopy
Type: Oscillator
Indicator: Fisher Transform
Function: Colored line, with or without signalline, as histogram, with 3 level lines
€20,00(+€4,00 Tax)

Description

Indicator: Fisher Transform

Platform: JForex/Dukascopy
Type: Oszillator
Indicator Fisher Transform
Function: preconfigured indicator
  as a line either with or without signal line, or
  as a histogram
  with 3 level lines

Details

Ehler’s Fisher Transform is probably one of the least lagging crossover indicators available to trader.

It is “based on the assumption that prices do not have a Gaussian probability density function (PDF) (bell-shaped curve movement), but that by normalizing price and applying the Fisher Transform you could create a nearly Gaussian PDF”.

The crossover signal within a trend is often near the zero line but most importantly a crossover occurs within 4 or so bars of the lows. As additional levels you can use +1 and -1.

The Fisher Transform is an interessting indicator for those who like to jump on a trend early. This allows you to keep your stops close by and a got risk-reward ratio.

 

Download

registered users

After the purchase registered and logged in users have accees to the Downloads using their user menu (SHOP: Downloads).

NON registered users (guests)

Non registered users (guests) receive their download files by email.

Installation for JForex

You should save the downloaded JForex files in a directory that you can easily access.
This is usally the JForex path for indicators, which will be displayed under "tools/preferences/advanced".

jforex preferences

Please note that this path is stored in the respective JForex workspace.

Afterwards you can place our indicators as a custom indicator in your JForex charts.

Setup

Configuration

TT4Y DC FisherTransform V1 config

 

Performance tip: activate "Recalculate on new candle only" (= default setting of the indicator).

Sample for a possible configuration:

  • 10 periods = default periode used by Ehler

Tip: you can hide the signal line, as jForex supports different colors for rising and falling lines.

 

Image

line

Sample FT TEXT

histogram

Sample FT TEXT

signal line

Sample FT TEXT

Contact Information

Address:
Mag. Karlheinz Mungenast
Ueberbergweg 16d
A-6091 Goetzens / Austria

Phone:
0043 720 60 11 28
E-Mail:
info@TradingTools4You.com
Website:
www.TradingTools4You.com
www.TradingTools4You.de

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