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Smoothed RSI Inverse Fisher Metatrader 4 Indicator

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

rsi-fisher-metatrader4-indicator

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.