The Fisher Yur4ik formula gives an oscillator type indicator that turns quicker and more sharply than traditional oscillators such as RSI and MACD. Some people will plot the following formula as a trigger for the Fisher Yur4ik indicator:
Fisher Yur4ik Trigger
Periods:= input("Periods" ,2,200,10) ; {the number of Periods in the Trigger should equal the number in the Fisher Yur4ik Indicator}
Periods * Roc(Fml("Fisher Yur4ik"),1,% )
By the way here's how I write the Fisher Yur4ik indicator
Fisher Yur4ik
Periods:= Input("Periods" , 2,200,10);
Pr:= ((H+L)/2);
MaxH:= HHV(Pr, Periods);
MinL:= LLV(Pr, Periods);
Value1:= .5*2*((Pr - MinL)/(MaxH - MinL) - .5) + .5* PREV;
Fish:= 0.25*Log((1 + If( Value1 > .9999, .9999,
If( Value1 < -.9999, -.9999, value1)) )/(1 - If( Value1 > .9999, .9999,
If( Value1 < -.9999, -.9999, value1)))) +
.5*PREV;
Fish;
Don't get too excited over this indicator. Like most indicators it has its advantages and disadvantages.
To: equismetastock@ yahoogroups. com
From: bobwaits2@xxxxxx com
Date: Wed, 20 May 2009 19:41:44 -0700
Subject: Re: [EquisMetaStock Group] Fisher Yur4ik formula
How do you use the Fisher Yur4ik indicator?
--- On Wed, 5/20/09, Gelo Gelo <gelobr@xxxxxx com> wrote:
From: Gelo Gelo <gelobr@xxxxxx com>
Subject: Re: [EquisMetaStock Group] Fisher Yur4ik formula
To: equismetastock@ yahoogroups. com
Date: Wednesday, May 20, 2009, 4:33 PM
Thanks Ticiano and Roy for help! When you get home I will test this formula.
One day (who knows...rs) I hope to help others, as you did to me.
Regards,
Gelo
2009/5/19 Roy Larsen <rlarsen@xxxxx co.nz>
Hi Ticiano
You're right in a way - PREV is always a puzzle that needs to be solved if a solution is possible. With this formula I have the advantage of having seen the solution a number of times before, and so I'm showing you the answer sheet that I originally copied from Ross Kovacs (thanks Ross).
Regards
Roy
----- Original Message -----
Sent: Wednesday, May 20, 2009 11:54 AM
Subject: Re: [EquisMetaStock Group] Fisher Yur4ik formula
Hi Roy !
Thanks a lot.
I feel that always when you see a PREV statement it´s like a puzzle that you have to solve.
Congratulations !
Regards,
Ticiano
2009/5/19 Roy Larsen <rlarsen@xxxxx co.nz>
Hi Ticiano
If your code is right, and I suspect it is, then the PREV lines are both exponential moving averages and the revised formula below will execute much faster with PREV removed. The values appear to be slightly off and this is accounted for by 0.33 and 0..67 factors in the original formula being closer to 0.33333 and 0.66667 when the Mov() function is used to generate the EMA. Wilders() with Periods values of 3 and 2 respectively would return the same values as Mov()
pr:=(H+L)/2;
len:=8;
maxh:=HHV(pr, len);
minl:=LLV(pr, len);
val1:=Mov(2* ((pr-minl) /(maxh-minl) -.5),5,E) ;
value1:=If(val1>.99,.999,If( val1<-.99,-.999,val1) );
fish:=Mov(Log( (1+value1) /(1-value1) ),3,E);
fish;
Regards
Roy
----- Original Message -----
Sent: Wednesday, May 20, 2009 7:08 AM
Subject: Re: [EquisMetaStock Group] Fisher Yur4ik formula
Hello Gelo,
Problably this will help you:
pr:=(H+L)/2;
len:=8;
maxh:=HHV(pr, len);
minl:=LLV(pr, len);
val1:=.33*2* ((pr-minl) /(maxh-minl) -.5)+.67* PREV;
value1:=If(val1>.99,.999,If( val1<-.99,-.999,val1) );
fish:=.5*Log( (1+value1) /(1-value1) )+.5*PREV;
fish;
I don´t know if this is the one that you want.
Abraços,
Ticiano Rêgo
2009/5/19 Gelo Gelo <gelobr@xxxxxx com>
[Attachment(s) from Gelo Gelo included below]
Hello everybody!
I'm "new" here. I made my registration for some time, but I was just looking to learn something ...until now. So let me first, introduce myself...
I'm from Brazil and started to negotiate stocks a few months ago. Also started to use Metastock and Metatrader a few months, and I still can not understand the language of these programs. So I need some help...
I'm trying to transform an indicator from Metatrader to Metastock.. The indicator is "Fisher Yur4ik". The formula of this indicator is in the file attached below.
I hope someone can help me.
Regards,
Gelo
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