What Is The Fisher Transform Indicator & How To Trade With It

Fisher Transform Indicator Explained

A few years ago, the Fisher Transform indicator appeared in the public domain, becoming a popular technical analysis indicator for online forex trading. The Fisher Transform indicator transfigures price into a Gaussian normal distribution. The indicator is easy to use and interpret, often used to help traders identify potential overbought and oversold market conditions. The Fisher Transform indicator was created by John Ehlers and often used for reversal trading strategies. What is the Fisher Transform indicator? The Fisher Transform indicator is a fairly simple histogram oscillator. It is not based on standard methods and builds its calculations on max / …READ MORE