Fisher Multi-Pack [DW]

This is an experimental study designed to visualize price activity using John Ehlers Fisher Transform and Inverse Fisher Transform methods.

The Ehlers Fisher Transform is a variation of R. A. Fisher's Z transformation.

In this study, there are five oscillator types to choose from:
-Fisher Transform Indicator - A conversion of price's probability distribution to a Gaussian normal distribution with a smoother output
-Inverse Fisher Relative Strength Index - Converts the RSI's distribution to a bounded distribution between 1 and -1 with a smoother output
-Inverse Fisher Stochastic Oscillator - Converts the Stochastic's distribution to a bounded distribution between 1 and -1 with a smoother output
-Inverse Fisher Commodity Channel Index - Converts the CCI's distribution to a bounded distribution between 1 and -1 with a smoother output
-Inverse Fisher Blast Off Momentum - Converts the BOM's distribution to a bounded distribution between 1 and -1 with a smoother output

The study uses a modified set of Bollinger Bands applied to the chosen oscillator to determine trend and impulse activity, which are highlighted by the color scheme.

Custom bar colors are included.
Sürüm Notları: Updates:

Cleaned up the script. Removed clutter.

Removed Inverse Fisher BOM from the oscillator types due to an excessive amount of false readings.

Thresholds are no longer Bollinger Bands. Instead, they are calculated using a cumulative average of the oscillator's deviation from 0.

Minor aesthetic changes.
Sürüm Notları: Updates:

-> Reorganized script structure.
-> Main calculations are now expressed as functions.
-> Added custom threshold inputs.
-> Added an option to compress the oscillator around thresholds by a specified level of intensity. (Most useful with Fisher Transform oscillator type.)
-> Revamped color scheme.
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Hello, this is one of the best indicator that cacthses signals before the other ones.
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man really cool stuff

love your design work.
+3 Cevap Gönder
Nice works, and it's look very beautiful too, thanks for your efforts and generous
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Helo, looks bit different from FTransform scripts around the TV. I would say it is showing exhaustion little sooner.
As i am no-math person could you explain in few words what is the difference from the regular FTransform ?
+1 Cevap Gönder
Donovan, always quality work from you, nicely done!
+1 Cevap Gönder
Hi, this is really cool. I have a question, why does it show a flat line when I apply this indicator to ALT-BTC pairs? It seems its working on USDT pairs mostly that doesnt have a lot of decimals. Most of the BTC pairs are also showing a flat line.
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Hi Donovan! Amazing work as you did for my Ichimoku Custom Indicator with infopanel.
Can you please explain exactly what doese the differend trend colors means.
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Hosselo Ichimoker_Fen1x
@Ichimoker_Fen1x, it's described in the script

bullforming #05fff1
bullpower #05ffa6
bullpullback #00945f
bearforming #ff0ae2
bearpower #ff0a70
bearpullback #990040 #cccccc

@DonovanWall thank you for awesome work!
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