Fisher Indicator is a strong leading oscillator used by many forex traders in order to detect the trend direction and current strength of the trend. Fisher indicator is a simple follow histogram.
Fisher bases its calculations on the maximum and minimum price levels from the previous periods, applying some advanced math calculations to the relations between the current price and the max/min prices.The sharp turning points of the peak swings clearly and unambiguously identify price reversals in a timely manner. As a result, superior discretionary trading can be expected and higher performing mechanical trading systems can be developed by using the Fisher histogram.
The green bars indicate that the trend is bullish and the red bars indicate that the trend is bearish.How to Trade With Fisher IndicatorBuy Signal: When the bar color changes from red to greenSell Signal: When the bar color changes from green to redFree Download Now!
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