- June 12, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | MaryJane (2011.06.20 14:32) | ||
Rating: | 10 | ||
Downloaded: | 12741 | ||
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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.
UPDATE 2011.06.24: Fixed refresh if Max Bars On Chart reached. |