Multi-Timeframe Fisher Signals with WMA, OBV, and RSI Filters

Summary

This strategy combines four Fisher Transform series calculated over different lookback multiples with RSI, the direction of a weighted moving average, and an OBV oscillator. A long signal requires all four Fisher values to be rising, RSI to clear a configurable level, the WMA to be rising, and the OBV oscillator to exceed its bullish threshold. Short entries use falling Fisher values, a declining WMA, weak OBV, and an RSI filter. Opposite signals close existing positions, while separate Fisher and RSI conditions can also close trades on reversals.

The document explains the indicator roles and says its author found the best backtests on 45-minute to three-hour charts, but gives no specific performance figures or test methodology. It warns that the strategy has no dedicated stop-loss or take-profit settings and should not be used alone. Inputs permit tuning of indicator lengths and thresholds, and pyramiding is enabled. The approach is therefore a rule-based indicator confluence system whose behavior depends on chosen settings, market, and timeframe; the supplied description does not establish that its signals are profitable out of sample.

Key ideas

• Long and short entries require agreement among four Fisher Transform series, RSI, WMA direction, and OBV strength.
• The Fisher calculations use four lookback multiples to compare price movement over different horizons.
• Separate reversal conditions can close positions when Fisher direction and RSI reach configured thresholds.
• The strategy lacks dedicated stop-loss and take-profit rules, as the author explicitly cautions.
• The author cites 45-minute to three-hour charts as favorable in backtesting without providing detailed results.

Tags

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