Hello RAS, hello Thomas,
it was a free day today for me, so I implemented some of
the Indicator from http://mesasoftware.com/technicalpapers.htm
These are
the FRAMA (thank you thomas, your new EMA was a great template), the
FISHER Transform to be applied to almost everything and the inverse
Fisher to be applied to oscillators which have to be scaled and moved to
lie in [-5,5] like scale=fact(I:osci-move)
For an RSI this would be 0.1*(I:RSI - 50 )
Names are FRAMA, FISH and IFISH.
per default FRAMA and FISH rely on {I:Prices close} while
IFISH uses {I:RSI 5} as default input.
The FRAMA helps to filter out whipsaws as he simply moves sideways
during trading range.
The Fisher tranform helps to emphasize significant price movements.
and the Inverse Fisher Transform gives an option like the stochastics
when applied to oscillators ... so it can improve an oscillator.
I hope you find the new indicators a bit useful :)
During implementation I used fixed arg dependencies for Price and fixed
indicator dependencies for the derived indicators.
regards,
kw
AT
gt :)
Attachment:
FRAMA.pm
Description: Perl program
Attachment:
IFISH.pm
Description: Perl program
Attachment:
FISH.pm
Description: Perl program