Forex strategy based on the indicators - Fisher (Fisher) - profit 164 points
The only thing I advise you to change the colors in the indicator Fisher1, to improve visibility (in the pattern contrast and colors are well matched, the color changing is necessary only if you put the indicators manually). Recommend (the Color of the indicator Fisher1): 0. White, 1. Blue, 2. Magenta. On varmov same put: 0. Black, 1. Blue, 2. Magenta.
If the sounds are issued periodically indicators, hinder, you can completely disable the sounds in the MetaTrader. And experiment with the settings Fisher1 10 and 55. The market is constantly changing.
To trade on this strategy, I recommend through Broker Forex4you
Buying on indicator Forex strategy “Fisher” (the Fisherman) is when all 3 indicators are one color - blue. Entry point - a new candle.
Stop Loss set on the level of a local minimum in the borders of the few candles. That is, if the local minimum was 4 candles back, Stop Loss at its Low.
Take Profit do not put. The transaction closed after the color change indicator Fisher1 (55) - a reversal signal a long-term trend. You can use Fisher1 (10), but, as you remember, he gives characterized by shorter-term trend and can change color when short-term pullbacks.
For transactions on sale - the mirror-symmetric conditions.
Example - EURUSD, M5.
06.05.2011 18.25 all 3 indicators of the same color, have a buy signal (1,4506). The opening of the next candle sell (Sell). The observed position or put a trailing stop (15-25 points or more). In 22.05 have a color change on the indicator Fisher1 (10). You can leave the position is closed at 1,4342. We received income in the amount of 164 points.
Note, in this example, it is better, if any of Fisher1 (or 10, or 55) has changed the color because it's Friday. If you look at the graph further shows that on Monday, the market opened with a big gap against us (G).
Note, in this example, it is better, if any of Fisher1 (or 10, or 55) has changed the color because it's Friday. If you look at the graph further shows that on Monday, the market opened with a big gap against us (G).
Remember that the profitability of trade is highly dependent on your chosen broker!
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