Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort

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Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort
Author: MaryJane (2011.06.20 14:32)
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Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort 1
 SVE RSI I-Fish.mq4 (12.2 Kb) View

The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader's Choice award in 2011.

It begins by smoothing the price curve with a “rainbow” weighted moving average.

This smoothed price curve is used to calculate a RSI, which is then smoothed with the Vervoort zero-lag exponential moving average. The resulting curve is then transformed with an inverse Fisher filter.

Codes for various platforms have been released, the attached is my MQL4 port.

Smoothed RSI Inverse Fisher Transform by Sylvain Vervoort 2

UPDATE 2011.06.24: Fixed refresh if Max Bars On Chart reached.

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