Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

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Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby Nikolay.Gekht » Tue Sep 28, 2010 3:57 pm

Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform indicator is described in October 2010 issue of Stocks & Commodities.

The formula of the indicator is:

InverseFisherTransform(ZeroLagEMA(RSI(SVE_RainbowAverage(price)))).

The usage of the indicator recommended in the article is the following

The indicator shows an opportunity to:
- buy when indicator breaks the 12 level up
- sell when indicator breaks the 88 level down

These opportunities then must be studied using Slow Stochastic or SVE_ARSI indicators.

SVE_RSI_InvFisher.png


Download the indicator:
SVE_RSI_InvFisher.lua
(3.21 KiB) Downloaded 2158 times


The indicator uses another Sylvain Vervoort's indicator: Rainbow Average, so, please download and install Rainbow Average indicator too. Please find this indicator below:

Download Sylvain Vervoort's Rainbow Average indicator for Marketscope:
SVE_RainbowAverage.lua
(1.79 KiB) Downloaded 1721 times


The formula of this indicator is:
Code: Select all
SVE_RainbowAverage = ( 5 * WAverage( Close, 2 )
 + 4 * WAverage( WAverage( Close, 2 ), 2 )
 + 3 * WAverage( WAverage( WAverage( Close, 2 ), 2 ), 2 )
 + 2 * WAverage( WAverage( WAverage( WAverage( Close, 2 ), 2 ) , 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage( Close, 2 ),  2 ), 2 ), 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage(
    WAverage( Close, 2 ), 2 ), 2 ), 2 ), 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage( WAverage( WAverage(
    Close, 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage( WAverage( WAverage(
    WAverage( Close, 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage( WAverage( WAverage(
    WAverage( WAverage( Close, 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 )
 + WAverage( WAverage( WAverage( WAverage( WAverage( WAverage( WAverage(
    WAverage( WAverage( WAverage( Close, 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ), 2 ) ) / 20 ;


EURUSD m1 (05-01-2016 1305).png

Avereges indicator is available here.
viewtopic.php?f=17&t=2430&hilit=averages
SVE_RainbowAverage Averages.lua
(4.51 KiB) Downloaded 897 times

SVE_RSI_InvFisher Averages.lua
(6.17 KiB) Downloaded 910 times

MT4 version is available here.
viewtopic.php?f=38&t=63454
Nikolay.Gekht
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby Blackcat2 » Wed Sep 29, 2010 1:57 am

Could you please the link where we can study the complete strategy? If possible, recommended settings for 15M chart..

Thanks..
BC
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby Nikolay.Gekht » Wed Sep 29, 2010 9:13 am

The last issue of Stock & Commodities. There is a big article there about this method.
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby smartfx » Sun Oct 10, 2010 4:01 am

Thank you so much for adding this indicator! It could improve our trading!
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby gigi emas » Wed Apr 13, 2011 7:45 pm

may i know what trading platform is this indicator for?
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby Apprentice » Thu Apr 14, 2011 3:12 am

This forum is primarily dedicated to providing programming support to users of FXTS 2, and Marketscope Charting Platform.

And unless otherwise indicated refers to this platform.
Files that end with lua File Extension.

We have the know-how for development on other platforms, this service is available through our premium service.
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby BabyBull » Tue Oct 16, 2012 3:30 pm

Any chance of getting this indicator programmed as a strategy with selectable time frames?
Thank you
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby mykkee » Wed Apr 27, 2016 10:34 am

Can other options for the "number of periods for EMA" be made available to use like LWMA, MVA and other averages.....thanks
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Re: Sylvain Vervoort's Smoothed RSI Inverse Fisher Transform

Postby Apprentice » Sun May 01, 2016 6:40 am

SVE_RainbowAverage Averages.lua & SVE_RSI_InvFisher Averages.lua Added.
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