Fisher Transform (EarnForex)

Category: momentum, cycle

A recursive momentum oscillator that applies the Fisher Transform to price action to normalize distributions and highlight potential trend turning points.

Formula

Value = 0.33 \cdot 2 \cdot (\frac{Price - MinL}{MaxH - MinL} - 0.5) + 0.67 \cdot Value_{prev} \\ Fisher = 0.5 \cdot \ln(\frac{1 + Value}{1 - Value}) + 0.5 \cdot Fisher_{prev}

Inputs

• Period (default: 10)

See signal primitives and every published strategy that uses Fisher Transform (EarnForex) on WOBR StrategyVerse.