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Dynamic Jurik RSX w/ Fisher Transform█ Introduction The Dynamic Jurik RSX with Fisher Transform is a powerful and adaptive momentum indicator designed for traders who seek a non-laggy view of price movements. This script is based on the classic Jurik RSX (Relative Strength Index). It also includes features such as the dynamic overbought and oversold limits, the Inverse Fisher Transform, trend display, slope calculations, and the ability to color extremes for better clarity. █ Key Features:  • RSX: The Relative Strength Index (RSX) in this script is based on Jurik’s RSX, which is smoother than the traditional RSI and aims to reduce noise and lag. This script calculates the RSX using an exponential smoothing technique and adaptive adjustments.  • Inverse Fisher Transform: This script can optionally apply the Inverse Fisher Transform to the RSX, which helps to normalize the RSX values, compressing them between -1 and 1. The inverse transformation makes it easier to spot extreme values (overbought and oversold conditions) by enhancing the visual clarity of those extremes. It also smooths the curve over a user-defined period in hopes of providing a more consistent signal.  • Dynamic Limits: The dynamic overbought and oversold limits are calculated based on the RSX's recent high and low values. The limits adjust dynamically depending on market conditions, making them more relevant to current price action.  • Slope Display: The slope of the RSX is calculated as the rate of change between the current and previous RSX value. The slope is displayed as dots when the slope exceeds the threshold designated by the user, providing visual cues for momentum shifts.  • Trend Coloring: Optionally, the user can also enable a trend-based display. It is simply based on current value of RSX versus the previous one. If RSX is rising then the trend is bullish, if not, then the trend is bearish.  • Coloring Extremes: Users can configure the RSX to color the chart when prices enter extreme conditions, such as overbought or oversold zones, providing visual cues for market reversals. █ Attached Chart Notes:  • Top Panel: Enabled dynamic limits, Trend display, standard Jurik RSX with 20 lookback period, and Slope display.  • Middle Panel: Enabled dynamic limits, Extremes display, and standard Jurik RSX with 20 lookback period.  • Bottom Panel: Enabled dynamic limits, Trend display, Inverse Fisher Transform with 14 lookback period and 9 smoothing period. and Slope display. █ Credits: Special thanks to Everget for providing the original script. The script was also slightly modified based on updates from outside sources. █ Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a professional before making any trading decisions.
Pine Script™ Indikator
von x_SharpVisionTraders_x
Gann + Laplace Smoothed Hybrid Volume Spread Analysis Indicator This Indicator stands apart by integrating the principles of the upgraded Discrete Fourier Transform (DFT), the Laplace Stieltjes Transform and volume spread analysis, enhanced with a layer of Fourier smoothing to distill market noise and highlight trend directions with unprecedented clarity. The length of EMA and Strategy Entries are modified with the Gann swings. This smoothing process allows traders to discern the true underlying patterns in volume and price action, stripped of the distractions of short-term fluctuations and noise. The core functionality of the GannLSHVSA revolves around the innovative combination of volume change analysis, spread determination (calculated from the open and close price difference), and the strategic use of the EMA (default 10) to fine-tune the analysis of spread by incorporating volume changes. Trend direction is validated through a moving average (MA) of the histogram, which acts analogously to the Volume MA found in traditional volume indicators. This MA serves as a pivotal reference point, enabling traders to confidently engage with the market when the histogram's movement concurs with the trend direction, particularly when it crosses the Trend MA line, signalling optimal entry points. It returns 0 when MA of the histogram and EMA of the Price Spread are not align. WHAT IS GannLSHVSA INDICATOR: The GannLSHVSA plots a positive trend when a positive Volume smoothed Spread and EMA of Volume smoothed price is above 0, and a negative when negative Volume smoothed Spread and EMA of Volume smoothed price is below 0. When this conditions are not met it plots 0. ORIGINALITY & USEFULNESS: The GannLSHVSA Strategy is unique because it applies upgraded DFT, the Laplace Stieltjes Transform for data smoothing, effectively filtering out the minor fluctuations and leaving traders with a clear picture of the market's true movements. The DFT's ability to break down market signals into constituent frequencies offers a granular view of market dynamics, highlighting the amplitude and phase of each frequency component. This, combined with the strategic application of Ehler's Universal Oscillator principles via a histogram, furnishes traders with a nuanced understanding of market volatility and noise levels, thereby facilitating more informed trading decisions. The Gann swing strategy is developed by meomeo105, this Gann high and low algorithm forms the basis of the EMA modification. DETAILED DESCRIPTION: My detailed description of the indicator and use cases which I find very valuable. What is the meaning of price spread? In finance, a spread refers to the difference between two prices, rates, or yields. One of the most common types is the bid-ask spread, which refers to the gap between the bid (from buyers) and the ask (from sellers) prices of a security or asset. We are going to use Open-Close spread. What is Volume spread analysis? Volume spread analysis (VSA) is a method of technical analysis that compares the volume per candle, range spread, and closing price to determine price direction. What does this mean? We need to have a positive Volume Price Spread and a positive Moving average of Volume price spread for a positive trend. OR via versa a negative Volume Price Spread and a negative Moving average of Volume price spread for a negative trend. What if we have a positive Volume Price Spread and a negative Moving average of Volume Price Spread? It results in a neutral, not trending price action. Thus the Indicator/Strategy returns 0 and Closes all long and short positions. I suggest using "Close all" input False when fine-tuning Inputs for 1 TimeFrame. When you export data to Excel/Numbers/GSheets I suggest using "Close all" input as True, except for the lowest TimeFrame. I suggest using 100% equity as your default quantity for fine-tune purposes. I have to mention that 100% equity may lead to unrealistic backtesting results. Be avare. When backtesting for trading purposes use Contracts or USDT. 6 days ago Release Notes
Pine Script™ Indikator
von AutomatedTradingAlgorithms
1
Ehlers Fisher Stochastic Relative Vigor Index [CC]The Fisher Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 101-104) and this is a many layered indicator created from his original Relative Vigor Index turned into a stochastic and then performing a Fisher transform on the results. I have included extra smoothing to provide clearer buy and sell signals as well as normal and strong buy and sell signals. As always strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red. Let me know if there are any other scripts you would like to see me publish!
Pine Script™ Indikator
von cheatcountry
6
Combo Strategy 123 Reversal & Fisher Transform Indicator This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Market prices do not have a Gaussian probability density function as many traders think. Their probability curve is not bell-shaped. But trader can create a nearly Gaussian PDF for prices by normalizing them or creating a normalized indicator such as the relative strength index and applying the Fisher transform. Such a transformed output creates the peak swings as relatively rare events. Fisher transform formula is: y = 0.5 * ln ((1+x)/(1-x)) The sharp turning points of these peak swings clearly and unambiguously identify price reversals in a timely manner. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ Indikator
von HPotter
3
Fisher Transform Indicator by Ehlers Market prices do not have a Gaussian probability density function as many traders think. Their probability curve is not bell-shaped. But trader can create a nearly Gaussian PDF for prices by normalizing them or creating a normalized indicator such as the relative strength index and applying the Fisher transform. Such a transformed output creates the peak swings as relatively rare events. Fisher transform formula is: y = 0.5 * ln ((1+x)/(1-x)) The sharp turning points of these peak swings clearly and unambiguously identify price reversals in a timely manner.
Pine Script™ Indikator
von HPotter
7