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Home Forex MT4 Indicators Fisher Indicator (Green-Red)

Fisher Indicator (Green-Red)

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.

Fisher Indicator free download:

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