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Fisher Ribbons
Summary: The Fisher Ribbons indicator uses four Fisher Transform calculations of varying lengths in an attempt to find local bottoms and tops of the price action.
Fisher Ribbons on the Charts
The Fisher Ribbons indicator shows the four value lines oscillating around the zero value.
Products & Properties
The following properties are available to access:
| Product Name | Product Variable | Properties |
|---|---|---|
| FisherRibbons | fisherRibbon | value1, value2, value3, value4 |
The lengths of the indicator's calculationrs can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Fisher Ribbons" Procedure Loop.
Example:
This indicator can be used to enter a trade when value1 rises above zero:
chart.at01hs.fisherRibbon.value1 > 0 && chart.at01hs.fisherRibbon.previous.value1 <= 0 Maintainer:
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2. DIDI
3. PPO
3. GAPO
5. Qstick
6. T3 Velocity
10. Fisher Ribbons
11. AK MACD BB
13. LW Proxy
14. TDFI