Smoothed RSI Inverse Fisher Metatrader 4 Indicator
The smoothed RSI Inverse Fisher indicator is a smoothed version of the original Fisher transform indicator. It oscillates between 0 and 100 levels and provides forex buy and sell signals based on the 0 level and 100 level.
BUY: Buy if the Fisher indicator value reach 100.
SELL: Sell if the Fisher indicator value reach 0.
Use in conjunction with other technical tools.
USD/JPY Daily Chart Example