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Fisher Metatrader 4 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.


    Download the Fisher.mq4 indicator.

    EUR/USD 1 Hour Chart Example

    fisher metatrader4 indicator

    How to install the Fisher custom indicator in Metatrader 4?

    • Download the Fisher.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.