jeudi 29 septembre 2022

Elegant Oscillator V1 John Ehlers Prorealtime

In his article in this issue, “An Elegant Oscillator: Inverse Fisher Transform Redux,” author John Ehlers 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 be used to spot reversion-to-the-mean opportunities with improved timing capabilities.