Mql5官网 Fisher Reversals 外汇EA

This indicator weigth the actual close price with the high and the low of past valuesthen it is computed by a simple 1 lag IIR filter before being processed by a final logarithmic algorithm to order the data.
This Indicator is perfect to find precise reversals.
Rules of Trading : 1) Be sure that the yellow line is in overbought/oversold (above +5 or under -5)The higher/lower, the better.2) Wait for the gray line to touch the yellow line then separate from it : this is the signal.3) If the yellow line is in Overbought/Oversold area for quite some time, it means we are in a trend. Then it is wise to wait for the end of the trend before entering the next top/bottom reversal. To that effect, it is better to wait for the yellow line to cross the +1/-1 level before entering the next reversal.
Targets are defined when the yellow line crosses the +1/-1 levels (please refer to screenshots).
Parameter description

• len1 (default 130) = period of the yellow line.
• offset1 (default 0) = allows computations to be offseted by a positive or negative amount
• len2 (default 13) = period of the gray line.
• offset2 (default 0) = allows computations to be offseted by a positive or negative amount

Yellow line : this is the Trend lineGray line : this is the Action line.