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It's supposed to become a main turning point indicator.With clear turning points and a quick response time, theFisher Transform uses the suggestion that you can develop almost a Gaussian probability density function by normalizing price or an indicator (for example, RSI) and referring the Fisher Transform while prices don't provide a normal or Gaussian probability density function. It's that well-known "bell-shaped curve". You can use the resulting peak fluctuations to determine price reversals rather definitely. |
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