M
mjackson
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Fisher MetaTrader indicator — is a quite simple histogram indicator that detects direction and strength of the trend and signals trend changes. It doesn't use any standard MT4/MT5 indicators in its code. Fisher bases its calculations on the maximum and minimum price levels from the previous periods, applying some advanced math calculations to the relations between the current price and the max/min prices. The indicator is available for both MT4 and MT5. This is a "repainting" indicator — it recalculates previous bars when the new bar has arrived.
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This indicator takes several lines of code indicator FX5 MACD divergence ...
However, like the FX5 MACD divergence, it is a good indicator!
However, like the FX5 MACD divergence, it is a good indicator!
In fact, the best reading of this indicator is from the third bar back. Unless it delete the two lines of source code as suggested by zulufx in posting number 6.
I wanted to change the histogram into lines, but the result was not what i expected...
Can somebody look into this please?
I would like it to be like this: https://c.mql5.com/18/4/FisherTransform.png
Can somebody look into this please?
I would like it to be like this: https://c.mql5.com/18/4/FisherTransform.png
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If you want to have just one line, you can remove everything related to ExtBuffer1[] and ExtBuffer2[], change the color of the ExtBuffer0[] buffer from Black to some other color, and remove the last cycle from start() completely.
I would like to have 2 lines, like here: https://c.mql5.com/18/4/FisherTransform.png
Is this what you mean, or you did mean really 1 line?
Is this what you mean, or you did mean really 1 line?
If you compare the histogram to the lines on your screenshot, you can understand that the current histogram cannot be transformed into two such lines. Histogram is really just a way to represent one line - it just changes its color when it crosses zero level.
Because your higher timeframe data wasn't yet ready probably. Try attaching it again. It shows fine for me - H4 on H1 chart:
RAM doesn't really matter much here. Are there some errors in the Experts tab of the Terminal subwindow when you attach the indicator?
