Comments on: Fisher Transform Signals http://www.thinkscripter.com/indicator/fisher-transform-signals/ thinkScript Indicators for thinkorswim Fri, 03 Feb 2012 20:01:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tariq Malik http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4996 Tariq Malik Tue, 21 Jun 2011 02:21:07 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4996 Hi Eric, I also trade Crude futures full time on TOS. Will like to share trading ideas as I have not found anyone who trades crude. My email is hdf1998@hotmail.com Tariq Malik Boston, MA Hi Eric,

I also trade Crude futures full time on TOS. Will like to share trading ideas as I have not found anyone who trades crude. My email is hdf1998@hotmail.com

Tariq Malik
Boston, MA

]]> By: Eric http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4845 Eric Mon, 25 Apr 2011 02:11:41 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4845 Eric, Thanks I will check it out. I like your name ha Eric Eric,
Thanks I will check it out.

I like your name ha

Eric

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4844 ThinkScripter Mon, 25 Apr 2011 01:53:40 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4844 Eric, I like NinjaTrader for futures trading. The ATM order management is excellent. You can download and try it for free but it costs money to use it for trading. -Eric Eric,
I like NinjaTrader for futures trading. The ATM order management is excellent. You can download and try it for free but it costs money to use it for trading.
-Eric

]]> By: Eric http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4843 Eric Mon, 25 Apr 2011 01:48:33 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4843 Eric, I hear you. I do trade with a plan and have settled on a number of studies/indicators that are working for me like you said when you get comfortable in what you are seeing stay with them. I was just looking to see if there are other indicators to add. I am always tweeking what I am looking at. I use the Active Trader module to trade with and with the recent upgrades it is getting better. I have been successful and getting better after working at this for a year and a half. I will tell you this after trading paper for months and months and months till I was able to work out my trading style and plan and what worked for me and what did not and started have a winning 85% of trades before I traded a single dollar of real $$$ money. I will tell everyone that trades trade with a stop or do not trade at all. I have my rules and I live by them and my plan as well as money mangement. I am always working on my disapline and emotions and controlling my greed and I agree there is not one study/indicator that is perfect or will work so you do not have to do the work. I give you credit trading options are over my head and very compilicated so I have not traded options but I am watching them and I have friends who do trade options and am trying to learn a little about them but I am focusing at being successfull at one thing at a time then I will look into them. What do you think is the best platform just curious? I have friends using pretty much all of the key one from TOS,IB,Trade Station,Real Tick and Lightspeed and Zaner for futures and everyone has their opinion they love theirs and hate all the others ha I have looked at lots of them and there is no perfect platform yet either still looking but i really like TOS and am working around it to make it work for me. Thanks Eric Eric,
I hear you. I do trade with a plan and have settled on a number of studies/indicators that are working for me like you said when you get comfortable in what you are seeing stay with them. I was just looking to see if there are other indicators to add. I am always tweeking what I am looking at. I use the Active Trader module to trade with and with the recent upgrades it is getting better. I have been successful and getting better after working at this for a year and a half. I will tell you this after trading paper for months and months and months till I was able to work out my trading style and plan and what worked for me and what did not and started have a winning 85% of trades before I traded a single dollar of real $$$ money. I will tell everyone that trades trade with a stop or do not trade at all. I have my rules and I live by them and my plan as well as money mangement. I am always working on my disapline and emotions and controlling my greed and I agree there is not one study/indicator that is perfect or will work so you do not have to do the work. I give you credit trading options are over my head and very compilicated so I have not traded options but I am watching them and I have friends who do trade options and am trying to learn a little about them but I am focusing at being successfull at one thing at a time then I will look into them.

What do you think is the best platform just curious? I have friends using pretty much all of the key one from TOS,IB,Trade Station,Real Tick and Lightspeed and Zaner for futures and everyone has their opinion they love theirs and hate all the others ha I have looked at lots of them and there is no perfect platform yet either still looking but i really like TOS and am working around it to make it work for me.

Thanks

Eric

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4842 ThinkScripter Mon, 25 Apr 2011 01:00:01 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4842 This is the most current code and should be the same as the zip file. Firstly, I don't daytrade/scalp with TOS. I trade options on it so take my advice with a grain of salt. In general, TOS is about the worst platform I have found for scalping. It is just not set up properly for it. There is no automated order management strategies etc. In general, the idea that there are "correct" settings for any indicator is a fallacy. I suggest playing with the settings until you capture the basic swings you are looking for on your instrument and chosen timeframe and then leave it alone. Positive returns are not the result of indicators or their settings but rather a sound trading plan, money management, and discipline. You can craft a successful plan using just about any set of non-correlated indicators. Most fail not because of the indicators but the lack of a plan for what to do when given a signal or what to do when the signal was wrong. -Eric This is the most current code and should be the same as the zip file.

Firstly,
I don’t daytrade/scalp with TOS. I trade options on it so take my advice with a grain of salt. In general, TOS is about the worst platform I have found for scalping. It is just not set up properly for it. There is no automated order management strategies etc.

In general, the idea that there are “correct” settings for any indicator is a fallacy. I suggest playing with the settings until you capture the basic swings you are looking for on your instrument and chosen timeframe and then leave it alone. Positive returns are not the result of indicators or their settings but rather a sound trading plan, money management, and discipline. You can craft a successful plan using just about any set of non-correlated indicators. Most fail not because of the indicators but the lack of a plan for what to do when given a signal or what to do when the signal was wrong.

-Eric

]]> By: Eric http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-4841 Eric Sun, 24 Apr 2011 23:12:34 +0000 http://thinkscripter.wordpress.com/?p=471#comment-4841 Eric, Where do I find the most current code for this study. I have not downloaded the entire study package yet there is so much stuff still weeding through it all to see what works for me. I daytrade/scalp crude Oil Futures(/CL) do you think this is a good study for that(if you have any recommendation they would be greatly appreciated) and do I need to change the default settings for this to work in different time setting. I typically use a 133 tick,1 ,3,5,15 minute charts as I trade for entry and exit points. Thanks Eric Eric,

Where do I find the most current code for this study. I have not downloaded the entire study package yet there is so much stuff still weeding through it all to see what works for me. I daytrade/scalp crude Oil Futures(/CL) do you think this is a good study for that(if you have any recommendation they would be greatly appreciated) and do I need to change the default settings for this to work in different time setting. I typically use a 133 tick,1 ,3,5,15 minute charts as I trade for entry and exit points.

Thanks
Eric

]]> By: ThinkScripter http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-2915 ThinkScripter Sun, 24 Oct 2010 13:13:09 +0000 http://thinkscripter.wordpress.com/?p=471#comment-2915 Steve, That is just a combination study I built to allow trading on a small screen. It is a combination of a CCI, Stochastic, Keltner Squeeze, and Volatility measurement. You trade it the same way you would any of these individually. It's really just a space saver. -Eric Steve,
That is just a combination study I built to allow trading on a small screen. It is a combination of a CCI, Stochastic, Keltner Squeeze, and Volatility measurement. You trade it the same way you would any of these individually. It’s really just a space saver.
-Eric

]]> By: Steve http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-2914 Steve Sun, 24 Oct 2010 12:43:15 +0000 http://thinkscripter.wordpress.com/?p=471#comment-2914 Can someone tell me where I can find an explanation of how the lower study works and how the buy and sell signals are generated. Thank you in advance for your help. Can someone tell me where I can find an explanation of how the lower study works and how the buy and sell signals are generated. Thank you in advance for your help.

]]> By: Oleg http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-488 Oleg Wed, 23 Jun 2010 08:04:22 +0000 http://thinkscripter.wordpress.com/?p=471#comment-488 sorry ..Wordpress correctly pointed def trendDown sorry ..Wordpress correctly pointed def trendDown

]]> By: Oleg http://www.thinkscripter.com/indicator/fisher-transform-signals/#comment-487 Oleg Wed, 23 Jun 2010 07:58:02 +0000 http://thinkscripter.wordpress.com/?p=471#comment-487 changes in the code the new version - which is better ver1.was def trendDown = if FT=threshold then 1 else 0; def trendUp = if FT>FT[1] and FT[1]<= -threshold then 1 else 0; ver2.now def trendDown = if FTFT[2] and FT[1]>=threshold then 1 else 0; def trendUp = if FT>FT[1] and FT[1]<FT[2] and FT[1]<= -threshold then 1 else 0; for 5min and the significance threshold =(-2) ver. 1 shows better .... changes in the code the new version – which is better

ver1.was
def trendDown = if FT=threshold then 1 else 0;
def trendUp = if FT>FT[1] and FT[1]<= -threshold then 1 else 0;

ver2.now
def trendDown = if FTFT[2] and FT[1]>=threshold then 1 else 0;
def trendUp = if FT>FT[1] and FT[1]<FT[2] and FT[1]<= -threshold then 1 else 0;

for 5min and the significance threshold =(-2) ver. 1 shows better ….

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