I just came across this post on MQL5.
There the poster quotes that Mr Ehlers wrote in one of his books that, "the inverse fisher transform of the adaptive stochastic indicator gives clear and unambiguous indications of proper buy and sell points" and he posted Ehlers' code for that indicator. Ehlers bring science to technical analysis and based on what he wrote about this indicator it should bring more certainty to our trading decisions. So can anyone create an MT4 version of this indicator?
I've seen the Inverse Fisher Transform Stochastic and the Adaptive Stochastic indicators but maybe the combination of those two indicators as the "Inverse Fisher Transform of the Adaptive Stochastic" Indicator would give even better results. I hope one of you can make this possible. Thanks.
Attached is the Inverse Fisher Transform of Stochastic by Mladen.
Regards,
global
