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fisher

Perform the Fisher Transform.

A technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend.

Examples

from openbb import obb
# Perform the Fisher Transform.
stock_data = obb.equity.price.historical(symbol='TSLA', start_date='2023-01-01', provider='fmp')
fisher_data = obb.technical.fisher(data=stock_data.results, length=14, signal=1)
obb.technical.fisher(length=2, data=[{'date': '2023-01-02', 'open': 110.0, 'high': 120.0, 'low': 100.0, 'close': 115.0, 'volume': 10000.0}, {'date': '2023-01-03', 'open': 165.0, 'high': 180.0, 'low': 150.0, 'close': 172.5, 'volume': 15000.0}, {'date': '2023-01-04', 'open': 146.67, 'high': 160.0, 'low': 133.33, 'close': 153.33, 'volume': 13333.33}, {'date': '2023-01-05', 'open': 137.5, 'high': 150.0, 'low': 125.0, 'close': 143.75, 'volume': 12500.0}, {'date': '2023-01-06', 'open': 132.0, 'high': 144.0, 'low': 120.0, 'close': 138.0, 'volume': 12000.0}])

Parameters

NameTypeDescriptionDefaultOptional
dataList[Data]List of data to apply the indicator to.False
indexstr, optionalIndex column name, by default "date"False
lengthPositiveInt, optionalFisher period, by default 14False
signalPositiveInt, optionalFisher Signal period, by default 1False

Returns

OBBject
results : List[Data]
List of data with the indicator applied.