Fisher Trading Killing Pips
Exploring Fischer with very slow setting
Two templates with Fisher slow
Submit by Lorenz
In this post I present an experimental study on the use of the Fisher transform with a very slow configuration. The idea is that the very slow setting manages to decrease the recalculation of the indicator.
So, I present two experimental strategies one for trading in 1-5-15 minutes and the other for trading in 5 minutes and above.
The two strategies differ in the Fischer setting and in the use of another indicator in one that recalculates as entry timing.
Fisher with TMA
The main feature of this strategy is the very slow setting of Fiscer 210 periods and the use of TMA bands as entry timings.
Setup
Time frame 1-5-15-minutes, but it can also be used for higher time frames.
Currency pairs:any.
Indicators
Fischer 210 periods. (levels 0.8, -0.8).
TMA bands (70, 2.0).
Bollinger bands (70, 1.0).
Trading Rules.
Buy
Fischer green bar (optional filter bar above 0.8).
Blu square as timing of entry.
Sell
Fischer red bar (optional filter bar below -0.8).
Red square as timing of entry.
Exit position
Stop loss 7-8 pips below/above the square.
Profit target at middle or opposite band of Bollinger Bands.
Examples of trades
Fisher with 1-2-3 pattern
Setup
Time frame 5 or higher.
Currency pairs:any.
Indicators
Fischer 210 periods. (levels 0.8, -0.8).
1-2-3-pattern
Trading rules
Fischer green bar (optional filter bar above 0.8).
1-2-3 buy arrow
Sell
Fischer red bar (optional filter bar below -0.8).
1-2-3 sell arrow
Exit position
Place initial stop loss above below the previous swing high/low.
Fast profit target.
Examples of Trades
