First Time Use
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Here is a list of the features for Emporos Fisher Transformation Fisher is not a lagging indicator. It gives out leading buy and sell signals. We have Green and red Labels for visual alerts. The base pivots you see on the chart show green circles for bull and red circles for a bear market. You will see in real-time when the signal goes off. The best way to use the indicator is to select a winning timeframe. The indicator should take place within a time frame that has experienced consecutive profits 3-4 times while using Fisher. After a history with the indicator, you will have a bit more understanding of the indicator and overall market behavior. This indicator is best used on higher timeframes like the daily, 4 hours, and 1 hour. The lower time frame will be more challenging and you will see alerts occur at more extreme levels on the indicator. If you do want to use this indicator on the lower timeframes, make sure the bulk of your alerts are occurring within 2.5 and 5, or -2.5 and -5. Entering and executing within these levels increase the odds of winning much more than they do for the higher timeframes. Strategy Optimization After understanding the preferred timeframe when using the indicator the next step is to look into rules for your trading style. You can always use the indicator not just as a buy/sell indicator but as a screener. Apply Fisher to many market symbols and create a list. Once you have a tradingview list you can easily scroll through each asset until you find symbols that are screened correctly and fit the parameters for Fisher.
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