Ehlers Fisher Transform MTF Indicator
Platform: MT4 Type: Momentum Last update: October 26, 2024The Ehlers Fisher Transform MTF Indicator for MT4 is a popular tool for detecting ongoing market trends and also reversal points. The approach is pretty simple – green histogram bars correspond to bullish setup and red bars reflect bearish scenario. The moment when these readings switch is a trigger for potential and high-probabality reversal.
Example chart:
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