Hi S.,
So sorry to hear that you have lost 4 of your fish! We had a similar experience several years ago where a raccoon swiped at one of our koi; however, they quickly learned to swim to the bottom and hide from the predators. It sounds like your pond might not be deep enough for the fish to get away? It needs to be at least 1 1/2 ft deep to keep the fish away from the raccoons (raccoons will wade, but they won't swim). If it's not deep enough then the koi need a place to hide like another poster suggested (pvc pipe, rock formation, etc). We have raccoons come to our pond EVERY night and they are not able to reach the fish because our pond is deep enough and we have hiding places for the koi. However, the raccoons like to play and root around on the ponds edge destroying our plants (which are also expensive!)! We tried two water spray motion detectors and they did NOT work. The raccoons do not mind water! We bought an electric fence (pulsating for small animals) at a feed store for just the perimeter of the pond. We have not yet installed the fence, but we have heard positive feedback from a friend whose mother installed one and completely eliminated her raccoon problem!
Good luck to you,
K.