Inverse Fisher

  • It is green when inverse fisher transform value is in uptrend zone and rising, red when the opposite, and yellow otherwise.
  • Alarms: You can set alarm for when inverse fisher transform value is moving up, and down.

The Inverse Fisher Transform was authored by John Ehlers. The IFISH applies some math functions and constants to a weighted moving average (wma) of the relative strength index (rsi) of the closing price to calculate its oscillator position.