The Fisher Transform attempts to normalize market prices, this makes the turning points in price stand out.
Trading Strategy:
1. Always trade in the direction of the trend.
2. Look for extreme readings to signal potential price reversal areas.
3. Observe to see a change in direction of the Fisher Transform.
This indicator may not always provide reliable signals.
I prefer to use this on Forex rather than stocks as in stocks extremes may occur for a longer time frame which gives us more false signals.
Please let me know if you have any idea or comments.
Happy trading!
Trading Strategy:
1. Always trade in the direction of the trend.
2. Look for extreme readings to signal potential price reversal areas.
3. Observe to see a change in direction of the Fisher Transform.
This indicator may not always provide reliable signals.
I prefer to use this on Forex rather than stocks as in stocks extremes may occur for a longer time frame which gives us more false signals.
Please let me know if you have any idea or comments.
Happy trading!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。