mrtools wrote: Mon Sep 27, 2021 3:21 am Actually the so called UniMa is actually a nema and to me the indicator needs a compleate overhaul, not sure what was being attempted here because the fisher transform doesn't look like fisher transform in how I am understanding the code.

Hi Mr Tools,

Thanks for responding.

I'm not sure what the creator of it was thinking, or how it was coded, I have just found that it is pretty accurate for US30. Which is why I thought it was worth adding some decent alert features to it. At the moment it seems to alert when it senses a reversal, but it's much safer imo to alert when the zero line is crossed which is more confirmation that price has reversed/started trending.

In regards to how it's related to fishertransform, it seem to bear some resemblance to this type of Fishers Transform: