Ehlers Fisher Transform – profitable modernization of known indicators
Ehlers Fisher Transform is an indicator built on an oscillator that was developed by John Ehlers, and to which Fisher transform is applied. The indicator is good in scalping and trading on daily charts. Ehlers Fisher Transform is not repainted. But there is a minus - the indicator is afraid of lateral movement (flat).
Characteristics of Ehlers Fisher Transform
Platform: Metatrader4
Currency pairs: Any currency pairs
Trading Time: Around the clock
Timeframe: M5 and higher (Can be used on D1)
Recommended broker: RoboForex, InstaForex, XM
Trading rules
When the signal line of the indicator crosses the zero level, a signal appears to change the trend and is indicated on the graph with an arrow. In addition, the indicator allows you to track bullish and bearish divergences.
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