I'm hoping for some help re-creating a strategy (LINK) I found.
Before I start scripting Arrows, I checked the crossovers and the results seem very poor compared to the strategy. My guess is that I'm using the indicators incorrectly, so I'm hoping others may be able to shed some light so that I can continue building the strategy.
Fisher Transform: OBV
Fisher Transform: RSI
Image w/ Fisher Transform: OBV + RSI
Before I start scripting Arrows, I checked the crossovers and the results seem very poor compared to the strategy. My guess is that I'm using the indicators incorrectly, so I'm hoping others may be able to shed some light so that I can continue building the strategy.
Fisher Transform: OBV
Ruby:
declare lower;
def c = close;
def v = volume;
plot FTOBV = FisherTransform(TotalSum(Sign(c - c[1]) * v),12);
plot FTOBV2 = FisherTransform(TotalSum(Sign(c - c[1]) * v),12)[1];
Fisher Transform: RSI
Ruby:
declare lower;
def c = close;
plot FTRSI = FisherTransform(RSI(averageType = AverageType.WILDERS, price = c),14);
plot FTRSI2 = FisherTransform(RSI(averageType = AverageType.WILDERS, price = c),14)[1];
Image w/ Fisher Transform: OBV + RSI
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