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
- From within a chart, from the Edit menu select Studies.
- Choose Fisher Transform and click Add to add the study to the Applied Studies group.
- Complete parameters as necessary.
Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.
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