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Ehlers Fisher Transform – profitable modernization of known indicators

Published: 17.07.2017
Reading time: 9 minutes
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Ehlers Fisher Transform is an indicator built on an oscillator that was developed by John Ehlers, and to which Fisher transform is applied. The indicator is good in scalping and trading on daily charts. Ehlers Fisher Transform is not repainted. But there is a minus - the indicator is afraid of lateral movement (flat).

Characteristics of Ehlers Fisher Transform

  • Platform: Metatrader4
  • Currency pairs: Any currency pairs
  • Trading Time: Around the clock
  • Timeframe: M5 and higher (Can be used on D1)
  • Recommended broker: RoboForex, InstaForex, XM

Trading rules

When the signal line of the indicator crosses the zero level, a signal appears to change the trend and is indicated on the graph with an arrow. In addition, the indicator allows you to track bullish and bearish divergences.

BUY signal

As described above, when the blue arrow points up, open a Long position. Exit at the appearance of the opposite signal (SELL signal):

Ehlers Fisher Transform | BUY signal

SELL signal

When the red arrow points down, open a Shot position. Exit at the appearance of the opposite signal (BUY signal):

Ehlers Fisher Transform | SELL signal

The Ehlers Fisher Transform indicator also implements the MTF function, which allows receiving signals from other timeframes:

Ehlers Fisher Transform | MTF properties

For all its autonomy, Ehlers Fisher Transform is not a complete trading system. This indicator needs additional filters, especially for determining the lateral price movement.

In the archive Ehlers_Fisher_Transform.rar:

  • Ehlers Fisher Transform.ex4
  • Ehlers Fisher Transform.mq4
  • Ehlers Fisher Transform template.tpl

Free Download Ehlers Fisher Transform

Author:
Daniel
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Comments:
  • prince
    Published: 20.07.2017 Reply to the message

    I have try calling the phone no and there are saying different things not about trading and also sent email to the one you provided on contact us but there is no reply..Kindly check your box and get back to me please.
    Thanks
    Prince

    • 你好
      Published: 24.07.2017 Reply to the message

      你想沟通什么,我觉得咱们可能会有共同语言,貌似我也联系不上该网站管理!

  • 马小保
    Published: 24.07.2017 Reply to the message

    里面带有未来函数,指标会自动判断是否出现箭头,当箭头出现后行情逆转,也就是箭头错误,该指标会将那个错误的箭头抹去,所以这个指标的实际效用价值并不是很高,带有未来函数!

  • Othman
    Published: 17.08.2017 Reply to the message

    Totally agreed :-D :-D *CRAZY* *CRAZY*

  • GORAZD TRAUNER
    Published: 26.10.2019 Reply to the message

    TEST AND SEE ON DEMO+ADX+25,RSI+-50, THAT'S ALL.
    IT'S FREEE ANYWAY, WRIGHT???
    So, if IT'S GOOD, IS GREAT, IF NOT, MOVE ON, AT LEAST YOU DIDN'T LOSE ANY MONEY, WRIGHT?
    That is also something.Couse in forex, what you didn't lose, you gain,
    strange wright???, but if think about it, it is true :-D

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