Thks Fat Tails. You are training me beside working on the indicator.
I really appreciate that

Somebody knows why i can’t setup a value lees than 17 in the period because when i try to put for example 9 period the indicator disappear of the screen.

Hello Everyone,

Is there a non-repainting Fisher indicator for the MT4 or not?

Thanks


Nowaishy

This is the wrong place to ask, as you are in the NinjaTrader Programming section of the forum.

Had a look at the MetaTrader indicator and tried to translate it to NT 7. The result is attached.

The only problem seems to be that little of the original code is left. Also I have no idea, how the MetaTrader language should be interpreted. So let us call this a best guess.

I guarantee that this one does not repaint.

I remember when i was using this tool i used to have two instances of the Fisher on my chart. A 10 periods and a 50 periods. Both versions needed to match. I used them mostly for confirmation during a pullback after a breakout. At that time, i was using 3 MA's (21, 34 or 55 and 89) When there was some separation between these three MA's and price was breaking in the opposite direction of the trend by two or three bars max. then i was checking the Fishers on a pullback and would enter into the new direction only if both Fishers were showing the same color. My winning rate on this setup was above 85% if i remember and i was using the version that was repainting.

Here is a rough example: