StockFetcher Forums · Indicators and Measures · Fisher Transform<< >>Post Follow-up
stockfetcher
980 posts
msg #96400
9/1/2010 10:03:33 AM

Fisher Transform

ParametersPeriod
UsageFisher Transform(10)
DescriptionIntroduced by John F. Ehlers, the Fisher Transform uses the assumption that stock prices do not have a Gaussian probability density function. However, Ehler's normalizes the price and applies the Fisher Transform to the normalized price, resulting in an approximate Gaussian PDF.

The Fisher Transform uses (High + Low) / 2 as default input.

The rapid swings in the resulting data may be used to help locate changes in trends or reversing prices.

Fetcher[
set{fisher_1ago, Fisher Transform(10) 1 day ago}
show stocks where Fisher Transform(10) crossed above fisher_1ago
and close is above 5.00
and average volume(30) is above 250000
]





StockFetcher Forums · Indicators and Measures · Fisher Transform<< >>Post Follow-up

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