Fisher Indicator – it is basic indicator that provides easy histogram signals in a separate window of metatrader platform. This indicator uses mathematical calculations, built on the ratio of current price to the minimum – maximum with extremes of the price of the previous periods.
Trading rules of Fisher Indicator
Trading rules for fisher indicator apply as follows:
Buy Singal: – open long position on first bar of green colour.
Sell Singal: – open short position on first bar of red colour.