The Fisher and Vortex System is a technical analysis tool used in Forex trading to identify trend reversals and trend continuations. It is a combination of two different indicators, the Fisher Transform, and the Vortex Indicator.
Fisher and Vortex System Overview
The Fisher and Vortex System is a forex trading strategy that combines the Fisher indicator and Vortex indicator to identify market trends and generate trading signals.
The Fisher indicator is a custom technical indicator that is used to determine the strength and direction of the trend, while the Vortex indicator is used to identify trend direction and momentum.
This system is suitable for traders who prefer to trade in trending markets.
Recommended Broker: RoboForex Review
Fisher and Vortex System Explanation
The Fisher and Vortex System uses a combination of indicators to generate trading signals. When the Fisher indicator crosses above the zero line and the Vortex indicator is above the level of 1.0, it indicates a strong bullish trend.
Traders can look for buying opportunities at this point. On the other hand, when the Fisher indicator crosses below the zero line and the Vortex indicator is below the level of 1.0, it indicates a strong bearish trend.
Traders can look for selling opportunities at this point. The system can be used on any time frame, but it is recommended to use it on higher time frames for better accuracy.
Fisher and Vortex System: Buy Condition
- Look for a bullish trend by analyzing the price chart and indicators.
- The RSI must be above 50 to indicate a strong bullish momentum.
- The ADX must be above 25 to confirm the strength of the trend.
- The Parabolic SAR must be below the price, indicating a buy signal.
Fisher and Vortex System: Sell Condition
- Look for a bearish trend by analyzing the price chart and indicators.
- The RSI must be below 50 to indicate a strong bearish momentum.
- The ADX must be above 25 to confirm the strength of the trend.
- The Parabolic SAR must be above the price, indicating a sell signal.
