The Fisher Transform Indicator was created John Ehlers “Cybernetic Analysis For Stocks And Futures”, pg.7-8.
The Fisher Transform indicator is an oscillator that helps to identify trend reversals and can be applied to any financial instrument. It was created by J.F. Ehlers and transforms prices into a Gaussian normal distribution. The oscillator moves above and below a zero line and has clear and sharp turning points, simplifying the identification of trend reversals. It is commonly used as part of a trading strategy that takes price action into account and usually is not the only tool a trader relies on. Buy when the indicator line is green and sell when it is red.
Technical support from the site page "The Fisher Stochastic Center Of Gravity".
Additional information on the Telegram channel (don’t forget to subscribe).
|File Size||5.0 KB|
|# of Downloads||888|
Importing to NinjaTrader 8 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
- Select the downloaded file from your desktop
Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.