
Fisher Exit Indicator
Platform: MT4 Type: Reversal Last update: December 3, 2024The Fisher Exit Indicator for MT4 shows specific spots that are recommended for trade exits, but they can be also utilized as potential reversal points as it often finds tops and bottoms in certain range. There can be even 2-3 suggestions for the same direction in a row.
The calculations are based on extreme readings the famous fisher gauge. Provided signals are displayed in the form of cross marks – blue ones corresponds to potential end of a short trade, and conversely, red ones helps in recognizing potential end of long trade.
Example chart:
This screen below presents this indicator combined with supertrend. As you can see there a sell signal and it gave two ideas for take profits.
We attach all the necessary files that are needed to run it properly, please copy them all.
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