The smoothed RSI Inverse Fisher indicator for MT4 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.
Trading Signals
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.
Download
Download the Smoothed RSI Inverse Fisher.mq4 indicator.
USD/JPY Daily Chart Example
How to install the Smoothed RSI Inverse Fisher custom indicator in Metatrader 4?
- Download the Smoothed RSI Inverse 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.