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Ehler Fisher applied on distance EMA

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This is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle.

It can be used in any market, any time frame .


For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short direction.

Also we can improve this condition even further, in this case if we cross up our previous line its a buy signal, and if we cross down its a sell signal.


For best usage combine the cross together with the position of fisher respecting the 0.


If you have any other questions, let me know with a private message.


Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.