See the original: ru.tradingview.com/script/XDJWADe9-Inverse-Fisher-RSI-MTF2-alerts/ This is indeed a cute idea of the author, but some times this wonderful indicator raises false flags. In order to see what is going on, put the code into indicator section of the chart. My solution is to add variance line (in lime color) and use variance as a filter.
Hi, @capissimo , how do i use the variance as extra filter?
RafaelZioni
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very nice solution
Cemoca_n
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@RafaelZioni, @capissimo Hello my dear friends, thank you so much for this uniqe code.
i have just one question for using variance. i use rafael's code in deafult settings (MTF=1440) and looking 1 hour chart, for your variance code, time frame default setting is 03. must i change this to 60 or what ? or use default?
rohit82189
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hi what is that efa indicator?
MahmutYilmaz
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Mr. Capissimo. Why isn't there more than 60 minutes in the time frame?
capissimo
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The original line value = security(tickerid, resCustom, IF_RSI) works all right, too.