This indicator calculates and plots the Fisher Transform oscillator alongside its trigger line in a separate pane to highlight extreme price moves and potential reversals.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Fisher Transform identifies bullish signals when the Fisher line crosses above its trigger line from oversold levels below negative 1.5. In addition to visual chart plotting, the script features multi-symbol screening capabilities across customizable symbol groups and timeframes. Key settings include calculation length, timeframe selection, table positioning, and custom symbol lists.
Fisher Transform oscillator and trigger line plot
Horizontal oversold and overbought reference levels
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Grup seç
string
1
grupSec
PERİYOT
timeframe
per
Konum Ayarı
int
20
loc
Length
int
7
len
1
symbol
sb1
2
symbol
BIST:XAKUR
sb2
3
symbol
BIST:XBANA
sb3
4
symbol
BIST:XBANK
sb4
5
symbol
BIST:XBLSM
sb5
6
symbol
BIST:XELKT
sb6
7
symbol
BIST:XFINK
sb7
8
symbol
BIST:XGIDA
sb8
Show all 40 settings
Setting
Type
Default
Variable
9
symbol
BIST:XGMYO
sb9
10
symbol
BIST:XHOLD
sb10
11
symbol
BIST:XILTM
sb11
12
symbol
BIST:XINSA
sb12
13
symbol
BIST:XKAGT
sb13
14
symbol
BIST:XKMYA
sb14
15
symbol
BIST:XMADN
sb15
16
symbol
BIST:XMANA
sb16
17
symbol
BIST:XMESY
sb17
18
symbol
BIST:XSGRT
sb18
19
symbol
BIST:XSPOR
sb19
20
symbol
BIST:XTAST
sb20
21
symbol
BIST:XTCRT
sb21
22
symbol
BIST:XTEKS
sb22
23
symbol
BIST:XTRZM
sb23
24
symbol
BIST:XTUMY
sb24
25
symbol
BIST:XU030
sb25
26
symbol
BIST:XU100
sb26
27
symbol
BIST:XU500
sb27
28
symbol
BIST:XULAS
sb28
29
symbol
BIST:XUSIN
sb29
30
symbol
BIST:XUTEK
sb30
31
symbol
BIST:XUTUM
sb31
32
symbol
sb32
33
symbol
sb33
34
symbol
sb34
35
symbol
sb35
36
symbol
sb36
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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