I am a novice and following this chart using Fisher Transform, Volume and Trendline.
Fisher Transform is much more effective than other indicators like MACD etc. You can see it triggered short at the highest point as it crossed the trigger line, and indicated a 'Close Long' or 'Enter Short' You can use Intraday Fibo also for more confirmation. Fisher Transform can create false signal also. So stay alert. Its a good tool , please do experiments before you start using it live.
If you like the strategy please hit the like button and let me know if it is working out for you guys.
Thanks
Fisher Transform is much more effective than other indicators like MACD etc. You can see it triggered short at the highest point as it crossed the trigger line, and indicated a 'Close Long' or 'Enter Short' You can use Intraday Fibo also for more confirmation. Fisher Transform can create false signal also. So stay alert. Its a good tool , please do experiments before you start using it live.
If you like the strategy please hit the like button and let me know if it is working out for you guys.
Thanks
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