☛ dynamic My NET (Noise Elimination Technology) with SmoothStep function... just got ELEGANT!
In a unique update for dynamic MyNET with SmoopthStep function, "An Elegant Oscillator: Inverse Fisher Transform Redux," author John Ehlers (At TASC Magazine article - February 2022) explains how he uses the inverse Fisher transform to create an indicator he calls the elegant oscillator.
First, he describes the Fisher transform before explaining the inverse Fisher transform, which provides normalization by dividing the root mean square (RMS) value into the waveform.
The elegant oscillator can spot reversion-to-the-mean opportunities with improved timing capabilities.
Note: The initial release by mladen cand be found here >>> viewtopic.php?f=579496&t=8472604&p=1295 ... 1295455665
─ a proper name (changed) for this tool: "dynamic MyNET with SmoothStep"
─ fused the elegant oscillator
─ new templates/parameters
