Triple Fisher Transform — SharkCIA

3x Fisher Transform used for high accuracy trend analysis.

🐟 Fisher has been my go-to indicator for establishing bias and provides a reliable second opinion for your trade setups. It also helps to identify overbought and oversold levels. If you use it properly, you will be fishing for profits. 🤑

One of the main advantages of fisher transform is that it works well on any timeframe.
I use it most often on 4h or daily timeframes, but it works on 1 minute as well.
Increasing from a pivot low is a long signal. Decreasing from a pivot high is a short signal.

The Fisher Transform is a technical indicator created by J.F. Ehlers that converts prices into a Gaussian normal distribution. In this way, the indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset.