OPEN-SOURCE SCRIPT
TASC 2022.02 Ehlers' Elegant Oscillator
█ OVERVIEW
TASC's February 2022 edition of Traders' Tips includes the "Inverse Fisher Transform Redux — An Elegant Oscillator" article authored by John Ehlers. This is the code implementing the "Elegant Oscillator" from the article.
█ CONCEPTS
By applying the inverse Fisher transform to a waveform with a nominal Gaussian probability distribution using root mean square (RMS) scaling and smoothing the result, John Ehlers creates an oscillator that swings between -1 and 1.
█ CALCULATIONS
The calculation process uses the following steps:
• Compute the 2-bar difference of closing prices.
• Calculate the root mean square (RMS) of the differences.
• Scale the differences using the computed RMS.
• Apply the inverse Fisher transform to the scaled values.
• Smooth the transformed data with the SuperSmoother filter.
Join TradingView!
TASC's February 2022 edition of Traders' Tips includes the "Inverse Fisher Transform Redux — An Elegant Oscillator" article authored by John Ehlers. This is the code implementing the "Elegant Oscillator" from the article.
█ CONCEPTS
By applying the inverse Fisher transform to a waveform with a nominal Gaussian probability distribution using root mean square (RMS) scaling and smoothing the result, John Ehlers creates an oscillator that swings between -1 and 1.
█ CALCULATIONS
The calculation process uses the following steps:
• Compute the 2-bar difference of closing prices.
• Calculate the root mean square (RMS) of the differences.
• Scale the differences using the computed RMS.
• Apply the inverse Fisher transform to the scaled values.
• Smooth the transformed data with the SuperSmoother filter.
Join TradingView!
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının yazarı komut dosyasını açık kaynak olarak yayınlamıştır, böylece yatırımcılar betiği anlayabilir ve doğrulayabilir. Yazar çok yaşa! Ücretsiz olarak kullanabilirsiniz, ancak bu kodun yayında yeniden kullanımı Ev kurallarına tabidir. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Tools and ideas for all Pine coders: tradingview.com/u/PineCoders/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Pine news broadcasts: t.me/PineCodersSquawkBox or twitter.com/PineCoders
TASC: traders.com/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.