438# Fischer Scalping System
Fischer Indicator
Submit by Gopal fx 20/07/2014
Fischer scalping system in a strategy based on the variations of the fisher indicator.
Fischer indicator is based on the mathematical function of called “Fischer Transform.”
All the Fisher indicators in this scalping system repaint but i have used differences setting for period and time frame .
Time Frame 5 min
Currency pairs: forex majors ( currency pair with low spread).
Metatrader Indicators:
Solar Wind joy ( 35 period, smooth 10);
sm Fischer Transfor 3 (alarm: true, Ehlers: true);
Figj Trend alert mtf (15 min, 5);
Fisher Indicator 34 period).
Pivot levels.
Rules Fischer Scalping
Long entry
All Fisher Indicators are green color (bars and Arrow).
Short entry
All Fisher Indicators are red color (bars and Arrow).
Exit Position
Initial Stop loss on the previous swing.
Exit at the opposite conditions or
make profit on the pivot levels or
profit target predetermined.
Note:this redraws forex system can be credible and can be understood as a system price action.
The setting of indicators based on fisher transform is quite broad.
Satya (Tuesday, 09 February 2016 03:37)
Hi Cuga Trader, could you share the settings you have used ?. Satya
CugaTrader (Friday, 29 January 2016 18:00)
I gain a lot of profit with this system, I turned 30 usd to 600+ usd in just 2 day. Thank you.
ahmed (Friday, 13 March 2015 19:08)
Hello there ,you said Fisher indicator 34 period i cant find it, i am using it and testing it on defult settings ,you said something about other time frame ,can you please explane to me the settings of this stratige.ty