The Fisher Indicator

With extracts from the article “The Inverse Fisher Transform” by John Ehlers
This article may at first appear very technical, but once you understand how the Fisher indicator works, and what it shows, you’ll increase your success in timing your trade.
The purpose of technical indicators is to help with your timing decisions to buy or sell.
Hopefully, the signals are clear and unequivocal. However, more often than not your
decision to pull the trigger is accompanied by crossing your fingers. Even if you have placed only a few trades you know the drill…
We’ve made it easier for you with this custom indicator…

The rules for the fisher are basically…
•Only Buy when the Bars are Green (below the zero line and rising)
•Only Sell when the Bars are Red (above the zero line and falling)
•Move to break-even when the bars are yellow, and manage your trailing stops.



The rules for the fisher are basically…
•Only Buy when the Bars are Green (below the zero line and rising)
•Only Sell when the Bars are Red (above the zero line and falling)
•Move to break-even when the bars are yellow, and manage your trailing stops.