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Fisher/Float

  • #1
  • First Post: Edited Sep 17, 2009 12:18am Sep 16, 2009 3:09am | Edited Sep 17, 2009 12:18am
Trading system should be good on any time frame. I like to check higher time frames before placing a trade on the 1 minute for entry and exit.

The float is interesting. measures trend strength and duration. Catches trend changes and swings. It will repaint but not usually.

That's where the fisher and moving average crossovers help to identify a bad signal. And confirm contuations and possible exits.

Long entries when fisher is above 0, short when fisher is below 0. Look for ma cross (13 ema/25 ema) and the trend condition in the float...







Attached Thumbnails http://cdn.forexfactory.com/attachme...1&d=1253082900
Attached File(s)
File Type: mq4 fisher1.mq4   2 KB | 3,746 downloads
File Type: ex4 fisher1.ex4   3 KB | 2,578 downloads
File Type: mq4 float1.mq4   17 KB | 3,614 downloads
File Type: ex4 float1.ex4   18 KB | 2,697 downloads
  • #2
  • Sep 16, 2009 3:32am Sep 16, 2009 3:32am
Do you use this indicator other time frame?
  • #3
  • Sep 16, 2009 3:42am Sep 16, 2009 3:42am
Quoting masut
Do you use this indicator other time frame?
yes..
I check all the range of time frames before placing a trade. It gives me a pretty good idea of where p/a is heading. For instance can see a retrace on the 5 m which can appear like a trend reversal on a 1 m. So it can be traded any time frame.
Thing I am having trouble with is tolerating draw down. More I become confident of the system and manage stop losses I think the panic of the draw down will ease up.
Best wishes..
  • #4
  • Sep 16, 2009 3:54am Sep 16, 2009 3:54am
went short using 30 min
fisher below 0
float favorable
ema cross

trade doesn't show up on mt4 because I don't have a live account with mt4, just for analysis, using FXCM marketscope micro live...

Now if I can just tolerate draw down........
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy short.gif Size: 22 KB
  • #5
  • Sep 16, 2009 5:31am Sep 16, 2009 5:31am
short eurjpy looking good
now if I can just stay calm when there is a retracement, have confidence in the strategy and stay with the rules......
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy short2.gif Size: 23 KB
  • #6
  • Sep 16, 2009 7:02am Sep 16, 2009 7:02am
as usual as soon as the retracing began I bailed out...
small gain..
let's see if I can stay in this one...
a little late on the entry but all the signals are agreeing on 1h,
4 hr just starting to show ema cross... trend indicator no signal
probably stall out here for a while and maybe retrace back 50 fib area...
oh well let's see if I can stay in it....
Attached Image (click to enlarge)
Click to Enlarge Name: euraud 9-16.gif Size: 18 KB
  • #7
  • Sep 16, 2009 2:38pm Sep 16, 2009 2:38pm
The fisher indi is gives very good entries. Adding the 13 ema and the 25 ema helps confirm.. and the 200ema for orientation. 200 ema is usually very significant for support and resistance...
Will be testing this out next few days..
Nice to have a neat chart and just one indi for signals...
enter long when fisher crosses 0 line on second bar in the new direction...
The first bar may reverse before it closes, so second bar is better.
Fisher seems to signal entry early in the trend shift.
Pullbacks show up on fisher as valleys. A bounce off the 200em can also confirm a pullback... good entry points.
The vertical yellow lines on the chart mark possible entry points.
I only see one that would have been stopped out..
Of course using hindsight it's easy to show a profit...
but still the signals look good.
For staying in the trade I want to work on scaling out.
For instance, open 2 positions. Exit 1 at the first sign of a significant pullback, move the stop to break even and let the other position ride, following with trailing stops.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd9-16.gif Size: 21 KB
  • #8
  • Jan 4, 2010 3:37am Jan 4, 2010 3:37am
I have reviewed most of the more recent systems presented on this site, and a few that go way back. This system may be the first really practical system (that is also profitable) that I have seen on this site yet. Great job.
  • #9
  • Jan 18, 2010 2:38pm Jan 18, 2010 2:38pm
Do you know what this fisher indy is calculating? The Fisher transform is not really an indicator in itself but rather a way of modifying an oscillator. It can be applied to virtually any oscillator, so I think it's important to understand what the underlying oscillator is of this particular version.
  • #10
  • Sep 24, 2010 9:30am Sep 24, 2010 9:30am
Although this thread looks to be inactive, I thought I would jump in and share a system I use relating to a Fisher Indicator.

The Fisher (m11) is impressive and I use it on 15m charts . I jump in at the start of the GBP/USD market and trade until either the color changes from Red to Green (or vice versa) or until the market slows down.

Attached is the Fisher (m11) indicator and a picture of how I trade it on the 15m chart.

I wished I had an audible alert that would sound when the color bar changes from Red to Green (or vice versa when it crosses the zero line. Can any of our resident genius attach an alert?
Attached Image (click to enlarge)
Click to Enlarge Name: my system.gif Size: 52 KB
Attached File(s)
File Type: mq4 _Fisher_m11(2).mq4   6 KB | 2,068 downloads
File Type: ex4 _Fisher_m11(2).ex4   5 KB | 1,389 downloads
  • #11
  • Sep 24, 2010 10:25am Sep 24, 2010 10:25am
Nice thread, Jiva,

however, what you said below is not proved, is it?

if this assumption is not proved (valid), your efforts may be in vain.

let's look at it again, how can you prove it? in fact, it is already incredibly difficult to prove a system is good on a single timeframe.

not to criticise or batter, just a friendly reminder.

Quoting jiva34
Trading system should be good on any time frame.
  • #12
  • Sep 24, 2010 11:40am Sep 24, 2010 11:40am
Fisher indicators also repaint alot to make the past look very good....and so does the Float indy...
  • #13
  • Sep 24, 2010 11:53am Sep 24, 2010 11:53am
Quoting cspip
Fisher indicators also repaint alot to make the past look very good....and so does the Float indy...

Fisher indicator always, always repaint. So its never clear about the signal that it provides.
  • #14
  • Sep 25, 2010 5:34am Sep 25, 2010 5:34am
Quoting AuburnNY
Although this thread looks to be inactive, I thought I would jump in and share a system I use relating to a Fisher Indicator.

The Fisher (m11) is impressive and I use it on 15m charts . I jump in at the start of the GBP/USD market and trade until either the color changes from Red to Green (or vice versa) or until the market slows down.

Attached is the Fisher (m11) indicator and a picture of how I trade it on the 15m chart.

I wished I had an audible alert that would sound when the color bar changes from Red to Green (or vice versa when it crosses...
yup the thread has been dead for a while. But I am always open to investigating a new angle of vision. Thanks for m11 will research it.
  • #15
  • Sep 25, 2010 9:46am Sep 25, 2010 9:46am
Quoting AuburnNY
Although this thread looks to be inactive, I thought I would jump in and share a system I use relating to a Fisher Indicator.

The Fisher (m11) is impressive and I use it on 15m charts . I jump in at the start of the GBP/USD market and trade until either the color changes from Red to Green (or vice versa) or until the market slows down.

Attached is the Fisher (m11) indicator and a picture of how I trade it on the 15m chart.

I wished I had an audible alert that would sound when the color bar changes from Red to Green (or vice versa when it...

Hello Auburn,

What is te forex secret signal? Can you share it ? Do your signals repaint.


Jiva,
Your system looks OK. The repainting indicators make the system unreliable. If the fisher indicator does not repaint after two bars to trigger a trade then it would be wonderful.
  • #16
  • Sep 26, 2010 8:00am Sep 26, 2010 8:00am
Quoting maxwell-eqtn
Hello Auburn,

What is te forex secret signal? Can you share it ? Do your signals repaint.


Jiva,
Your system looks OK. The repainting indicators make the system unreliable. If the fisher indicator does not repaint after two bars to trigger a trade then it would be wonderful.
Kinda gave up on fisher this or that.
Am having good success with 8ema, 21 sma, 5ema hi/lo channel, macd and then the 21 sma on a higher time frame.
am trading day chart with 21sma to identify trend on the weekly. Never against the weekly 21 sma. So even if entry isn't quite right, the weekly trend brings it around for a winning trade...
Attached Image (click to enlarge)
Click to Enlarge Name: safe.gif Size: 43 KB
  • #17
  • Sep 26, 2010 8:26am Sep 26, 2010 8:26am
[QUOoTE=jiva34;4049228]Kinda gave up on fisher this or that.
Am having good success with 8ema, 21 sma, 5ema hi/lo channel, macd and then the 21 sma on a higher time frame.
am trading day chart with 21sma to identify trend on the weekly. Never against the weekly 21 sma. So even if entry isn't quite right, the weekly trend brings it around for a winning trade...[/quote]

Please post your template and indicators. I agree with your trading style.
  • #18
  • Sep 26, 2010 9:55am Sep 26, 2010 9:55am
New macd seems to be a good indicator to trade this system.
I think you're using trix into macd. Thats it Jiva ?
Maybe use ALF is a good idea to trade in conjunction with other indicators (buy if price is above alf or sell if price is below alf).
Attached File(s)
File Type: mq4 newMACD.mq4   3 KB | 1,189 downloads
File Type: ex4 ALF.ex4   5 KB | 1,243 downloads
  • #19
  • Sep 29, 2010 11:14am Sep 29, 2010 11:14am
Hi, I wanted to ask a question about this strategy.
Does fisher1 indicator repaints?
And if you repaint, you could hang some similar indicator fisher1 or improved?
Sorry for my English
A greeting.
  • #20
  • Sep 30, 2010 3:08am Sep 30, 2010 3:08am
Quoting mgs1f
[QUOoTE=jiva34;4049228]Kinda gave up on fisher this or that.
Am having good success with 8ema, 21 sma, 5ema hi/lo channel, macd and then the 21 sma on a higher time frame.
am trading day chart with 21sma to identify trend on the weekly. Never against the weekly 21 sma. So even if entry isn't quite right, the weekly trend brings it around for a winning trade...
Please post your template and indicators. I agree with your trading style.[/quote]
I like to place a red rectangle on the weekly for 21sma down and a blue triangle for sma weekly up. It bleeds through on the lower time frames and always lets me know what the major trend is.
dss is a graphically altered stoch, dots instead of lines. change of color is line cross.(dss is not showing up on the weekly, not enough data in the history probably)
This USDTRY, if it breaks support there is a 3000 pip drop with no support...
I have been shorting for a few days. Am short now in a micro.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: week.gif Size: 60 KB
Click to Enlarge Name: day.gif Size: 66 KB
Attached File(s)
File Type: tpl week.tpl   9 KB | 790 downloads
File Type: ex4 MACD with crossingblack.ex4   4 KB | 962 downloads
File Type: mq4 MACD with crossingblack.mq4   3 KB | 1,078 downloads
File Type: ex4 Robby DSS Bressert Colored with alert v1.1.ex4   5 KB | 1,403 downloads
File Type: mq4 Robby DSS Bressert Colored with alert v1.1.mq4   4 KB | 1,754 downloads
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