Fisher Indicator

[hermes]

http://www.megaupload.com/?d=OBQJT23V

 

Here is it, the Fisher indi with manual from Rita Pavone Lasker. If it is the same one I use for 3 months it is a good one.

Enjoy Hermes

[German]

http://www.megaupload.com/?d=OBQJT23V

 

Here is it, the Fisher indi with manual from Rita Pavone Lasker. If it is the same one I use for 3 months it is a good one.

Enjoy Hermes

 

Hermes

 

Does this Fisher repaint like some of the others?

[marblaa]

thanks for the share hemes

 

the manual looks like 'trading for maths geeks 101' - lol

 

but the indy looks to have real potential - if it doesnt repaint!

 

cheers

 

m

[tellMe]

"This is a "repainting" indicator — it recalculates previous bars when the new bar has arrived."

 

h t t p://w w w . earnforex.com/metatrader-indicators/Fisher

[hermes]

Then is it prediction indicator. Hurra! It doesn't matter which indicator you use all repaints because they have to use past information. The future indicator is in the crystal ball. It is important how fast the indicator adjust to new situations. Flexibility plays role. Indicators are more exact on long TFs from 1H up, not on 1M or 5M charts. I test it together with Fractals indicator and they do together excellent job. Enough exact to make a money on demo. Always use at least 2 indicators to confirm each other. They should be a different category. Eg. not all oscillators but some cyclic and fractals also. It should be a teamwork.

Hermes

Edited October 18, 2010 by hermes

[Diesel 10]

"This is a "repainting" indicator — it recalculates previous bars when the new bar has arrived."

 

h t t p://w w w . earnforex.com/metatrader-indicators/Fisher

 

 

Perhaps true but there are a lot of Fisher indicators out there. Has anyone actually seen this one repaint? I will go check it on a 1min bar chart and let you know what I find...

[lerxst]

Checked on visual backtest, fisher does repaint. Thanks anyways Hermes

[Diesel 10]

Here is a follow up. I watched this indicator live on a 1 minute chart and put a vertical line on every bar where the indicator changed color/width (about 8 instances in 25 minutes during a relatively choppy random period). Not once did it repaint after the bar was closed! Those changes are exactly as I saw them when they happened.

[Diesel 10]

Checked on visual backtest, fisher does repaint. Thanks anyways Hermes

 

I never saw it repaint and I was watching intensely for 25 minutes. If you mean it changes color while the bar is still open, I agree (but that's desirable). Once the bar closed, I never saw it change and I even drew lines to verify where the turns occurred. Just to be certain we're talking about the same thing, the indicator I'm using is:

 

FBS Fisher indi ex4

[Diesel 10]

By the way, while watching I noticed plenty of losing trades. The indicator was actually poor on the 1 minute time frame. From my experience, repainting indicators don't yield multiple losses... ?

[Diesel 10]

I am noticing that the indicator sometimes has ambiguous bars that have two colors on same bar, but I have not seen one time when the indicator changed after the bar was closed. Even these ambiguous bars stay once the bar is closed.

[Diesel 10]

Then is it prediction indicator. Hurra! It doesn't matter which indicator you use all repaints because they have to use past information. The future indicator is in the crystal ball. It is important how fast the indicator adjust to new situations. Flexibility plays role. Indicators are more exact on long TFs from 1H up, not on 1M or 5M charts. I test it together with Fractals indicator and they do together excellent job. Enough exact to make a money on demo. Always use at least 2 indicators to confirm each other. They should be a different category. Eg. not all oscillators but some cyclic and fractals also. It should be a teamwork.

Hermes

 

Hi Hermes,

 

do you use the Fisher to define trend and then take breakouts of fractals? Or fractal market structure defines trend and fisher is used for entry? What is your system and preferred time frame (1h?) and pair (EURUSD?)? Thanks for clarification.

[Diesel 10]

I am watching this further on the one minute chart and the signals while not repainting, are crap. However I have come up with a unusual approach. Right after the one minute bar ends, I flash chart to 5m and back to 1m and I see what the actual signal is. And these past signals don't change. It's a pain in the azz to do this refreshing but at least is showing definitive signals. Of course this indicator works best in ranging markets and often gives false signals in trending... so certainly no holy grail............................

[marblaa]

i have been watching it today as well.

 

its trying to pick tops and bottoms - (catching the proverbial falling knife!)

 

ok in a range, but has you selling into an uptrend, (or buying in a downtrend) all the way up/down.

 

a pity, yesterday it looked good... back to the trend trading!

[heisamit]

Here is a follow up. I watched this indicator live on a 1 minute chart and put a vertical line on every bar where the indicator changed color/width (about 8 instances in 25 minutes during a relatively choppy random period). Not once did it repaint after the bar was closed! Those changes are exactly as I saw them when they happened.

 

 

So is it safe to believe that the Fisher indicator provided in the link

 

http://www.megaupload.com/?d=OBQJT23V

 

is the non repainting version of the Fisher indicator???? If yes please respond with a "Yes"...cause most of the Fisher indicators I have seen are repainters.....so wondering if this is actually any different

[⭐ chan123]

I have a non repainting Fisher but little lagging.

 

http://www.multiupload.com/H9Z6PKEMS0

[mtx_69]

thanks alot.