Description: Trend Indicator
Is a simple indicator that appears in a separate window of the trading platform as a histogram. In a basis of this indicator put mathematical calculations, built on the ratio of current price to the minimum and maximum with extremes of the price of the previous periods.
It's easy to trade with this indicator. You can close short positions and go long when the color changes from red to green. You can close long positions and go short when the color changes from green to red. With the default period setting (10) it was very accurate on Charts bellow.
Incredibly easy to use in trading
Green - upward trend
Red - downward trend
Allows to avoid sharp reversals on intraday charts.
However, the better this indicator used in a pair with additional filters. As the filter can use this Fisher Indicator with a higher period, example, Range Periods = 50:
Please make sure candle is clarified (open trade after the candle is closed/clarified).
Characteristics of Fisher Indicator
Currency pairs: All pairs
Trading Time: Around the clock
Time-frame: D1, H4, H1
Arrows on a chart they just have an Informative matter, they are exactly in the same spot, where Indicator crosing and/or changing the Color (It does not come with the Indicator).
Parameters of Fisher Indicator
period (default = 10) — the period in bars, on which to calculate the maximum and minimum. The higher is the value the less false trend change signals occur but the more this indicator lags.
You may buy this Awesome Fisher Indicator just only for 5.95$, Please CLICK HERE to BUY.
If you would like to have an access for the full version along with codes and parameters,
Please click here to follow the link BUY NOW.
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore, it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, expert advisors (EAs), scripts and/or indicators will result in profits or not result in losses.