Fisher Transform

[vldn]

Hi, I have manually tested the Fisher indicator on 1-minute EURUSD, works fine for me.
What I do is:
- if there is a trend I trade in direction of 60-bar EMA only (I also watch 20-bar EMA)
- I enter the trade as soon as the first bar closes and crosses the 0 line (=near the open of the 2nd bar after crossing zero line)
- stop-loss 7 pips
- close the trade as soon as the Fisher crosses back +1/-1 line (or u name it #) AND also I watch the 20-bar EMA and "if it's wild I let it ride"

I have tried different periods of Fisher (5,10,15,20) - the longer the period the less of signals and the smoother ride in trends - but also the bigger losses in ranging market.

The problem of this indicator is, that the last bar is not ready for use until it closes. That's what I realized by watching it tick-by-tick.

I am going to make an EA and test the system soon. I let u know....

[FerruFx]

Originally Posted by vldn

The problem of this indicator is, that the last bar is not ready for use until it closes. That's what I realized by watching it tick-by-tick.

Like almost all indicators. As long as the previous bar is fixed, this is not a big deal ...

FerruFx

[eazo2000]

just only high

[destiyadi]

Hi everyone,

I'm newbie. I just started to learn to use MT4. I got this EA named winning solution. I tested and quite dissapointed with the result. I used it in different time frame: 1M, 5M, 15M, 30M in EURUSD pair.

Does the EA have a bug? Does anyone use it and get good result? Would like to hear from you.

thanks in advance for your advise.

[veritasfx]

I found int the indicator of Fisher_Yuri, the loop is start from 0 to Bar, so the bar=0 will be caculated first, and the Bar the last. I wonder if it's wrong because it uses the future data.

[jova]

Originally Posted by destiyadi

Hi everyone,

I'm newbie. I just started to learn to use MT4. I got this EA named winning solution. I tested and quite dissapointed with the result. I used it in different time frame: 1M, 5M, 15M, 30M in EURUSD pair.

Does the EA have a bug? Does anyone use it and get good result? Would like to hear from you.

thanks in advance for your advise.

Where did you find this EA?