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...
This study is an alternative experimental interpretation of the Blast Off Indicator by Larry Williams.
This formula takes positive and negative magnitudes rather than the absolute value. The result is then smoothed with an EMA, and twice smoothed to provide a signal line.
![BTCUSD: Fisher Multi-Pack [DW]](https://s3.tradingview.com/h/hXp5irRI_mid.png "Fisher Multi-Pack [DW]")
![IOTUSD: Blast Off Momentum [DW]](https://s3.tradingview.com/f/fhjAA1Dq_mid.png "Blast Off Momentum [DW]")