XFisher_org_v1 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Trend Labs Ltd.

Fisher indicator with additional smoothing function for eliminating false crossings of main and signal lines.

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input unit F length = 7 ; // average depth
Enter Smooth_Method MA_SMethod=MODE_JJMA; // Smoothing method
Input unit MA_length = 5 ; // smoothing depth
Input integer MA_Phase = 15 ; // Smoothing parameter,
3//---- For JJMA, in the range of -100...+100, it will affect the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Input ENUM_APPLIED_PRICE_ IPC=PRICE_CLOSE_; // price constant
Enter integer shift = 0 ; // horizontal movement of the indicator in bars

The indicator uses classes of the library SmoothAlgorithms.mqh (copied to \MQL5\Include). The use of intermediate calculated average price series without additional buffers for these classes is described in detail in the article.

Figure 1. Indicator XFisher_org_v1

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XFisher_org_v1.mq5 (18.01 KB)

Source: MQL5 #22819