Solar Wind NRP (MQL5)

Category: momentum, cycle

A Fisher Transform-based oscillator that identifies cyclical swings and trend shifts, featuring a selectable Non-Repainting (NRP) mode.

Formula

\text{Value} = 0.33 \times 2 \times \left( \frac{\text{Price} - \text{LL}_n}{\text{HH}_n - \text{LL}_n} - 0.5 \right) + 0.67 \times \text{Value}_{t-1} \\ \text{Fish} = 0.5 \times \ln\left(\frac{1 + \text{Value}}{1 - \text{Value}}\right) + 0.5 \times \text{Fish}_{t-1} \\ \text{Result} = \text{LWMA}(\text{LWMA}(\text{sgn}(\text{Fish}), \text{smooth}), \text{smooth})

Inputs

• NRP (default: ENUM_OFF)
• period (default: 35)
• smooth (default: 15)
• DoAlert (default: true)

See signal primitives and every published strategy that uses Solar Wind NRP (MQL5) on WOBR StrategyVerse.