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Could somebody translate this ELA formula in AFL??
It is a really great indicator,called Fisher Transform, I saw it
work by a friend of mine using Tradestation.
It is really worth to translate it!
Thxs. Reni
Inputs: Price((H+L)/2),
Len(10);
Vars: MaxH(0),
MinL(0),
Fish(0);
MaxH=Highest(Price,Len);
MinL=Lowest(Price,Len);
Value1=.5*2*((Price-MinL)/(MaxH-MinL)-.5)
+ .5*Value1[1];
If Value1> .9999 then Value1 = .9999;
If Value1< .9999 then Value1 = -.9999;
Fish= 0.25*Log((1+Value1)/(1-Value1)) + 5* Fish[1];
Plot1 (Fish, "Fisher");
Plot2(Fish[1], "Trigger");
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