Combining Fisher Transform, WMA, OBV, and RSI Signals

Summary

This open-source strategy combines multiple indicator filters to generate long and short signals. It calculates Fisher Transform values over several lookback scales, normalizes RSI around its midpoint, checks the direction of a weighted moving average, and compares an OBV oscillator with bullish or bearish thresholds. The stated design uses agreement among these measures to filter entries and reversals.

The excerpt includes configurable inputs and code, including commission and pyramiding settings, but it ends before the full signal and order logic is visible. It supplies no performance report or evidence that the filters improve results. The listed settings therefore describe an implementation rather than validated efficacy. The strategy’s many thresholds and indicator lengths may require careful testing across markets and timeframes, with attention to costs, position risk, and overfitting.

Key ideas

• The strategy combines multi-scale Fisher Transform direction with RSI, WMA slope, and an OBV oscillator.
• Bullish entries require the listed indicators to align above their configured thresholds.
• The script exposes adjustable lengths, signal filters, commissions, and pyramiding.
• The source excerpt is incomplete and provides no reported performance evidence.
• Multiple tuned filters create a need to evaluate robustness across market conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.