Volume-Weighted Fisher Oscillator with Adaptive Thresholds

Summary

This document describes a volume-based adaptation of the XFisher_org_v1 oscillator. The indicator is displayed as a colored histogram, and it adjusts its overbought and oversold levels as volume changes. Rather than keeping the thresholds fixed, it smooths volume using the same formula used in the modified oscillator and scales the source indicator’s threshold levels by that smoothed volume.

The document gives example threshold inputs and explains how the levels are transformed, but it provides no performance results, trading rules, or evidence that the volume adjustment improves signals. It also notes that the implementation relies on an external averaging library for its calculations. Readers would need the original indicator and library details to reproduce the full method or assess its behavior across instruments and market conditions.

Key ideas

• The indicator adapts the XFisher_org_v1 oscillator by incorporating smoothed volume.
• Overbought and oversold thresholds vary with volume instead of remaining constant.
• Threshold inputs are scaled from the source indicator and adjusted at each tick.
• The description provides no backtest results or evidence of trading performance.

Tags

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