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You are here: Home / General Indicators / Green-Red Fisher Indicator

Green-Red Fisher Indicator

December 30, 2015 By Hung Vu Leave a Comment

Simple green-red Fisher MT4 Indicator

Fisher Indicator – simple indicator that generate trading signals in separate window. This indicator put mathematical calculations, built on the ratio of current price to the minimum – maximum with extremes of the price of the previous periods.

Green-Red Fisher Indicator screen:

Fisher Indicator

The Fisher indicator is a typical forex trading oscillator that measures trend direction and strength. Values above 0 are considered to be bullish and values below 0 are considered to be bearish. Large green or red bars indicate strong trend strength.

Trading Signals:
BUY: Buy at the first green bar. SELL: Sell at the first red bar.
Use in conjunction with other technical tools.

EUR/USD 1 Hour Chart Example

Fisher Indicator

Fisher Indicator

Download Fisher Indicator

 

Filed Under: General Indicators Tagged With: Fisher, MT4, Oscillator

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