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Fisher Transform Indicator

Used to predict price reversals. The Fisher Transform helps to more clearly identify extreme price movements by transforming the probability density function of any waveform to a bell-curve.

To apply a Fisher Transform Indicator

  1. From within a chart, from the Edit menu select Studies.
  2. Choose Fisher Transform and click Add to add the study to the Applied Studies group.
  3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

 

Important Disclosures