The Fishy Turbo indicator from Forex Strategy Builder (FSB) is a custom trend-following indicator based on moving averages and other complex filters. Although it's a proprietary indicator, in terms of functionality, it closely resembles a combination of several common indicators that are available in StrategyQuant X (SQX).
In SQX, the closest indicators that might replicate the behavior of Fishy Turbo include:
- Moving Average (MA) – Core of the Fishy Turbo.
- Hull Moving Average (HMA) – A faster, smoother moving average often used in trend detection.
- KAMA (Kaufman Adaptive Moving Average) – Like Fishy Turbo, it adapts to volatility and filters out noise.
- Directional Index – This can help confirm trends similar to how Fishy Turbo does by filtering sideways markets.
- Super Trend – A trend-following indicator that reacts quickly to changes in market direction, similar to the way Fishy Turbo identifies momentum shifts.
If you want to replicate or approximate the Fishy Turbo in SQX, you can try combining one or more of these indicators with filters to capture trend strength and noise reduction in a similar way.