Author: Witold Wozniak
The Fisher Cyber Cycle is a powerful oscillator that tweaks the values of the Cyber Cycle custom indicator using the Inverse Fisher Transform. If you're looking to enhance your trading strategy, this tool might just be what you need.
Drawing inspiration from John Ehlers' insightful article titled "Using The Fisher Transform", published in the Technical Analysis of Stocks & Commodities magazine back in November 2002, this indicator offers traders a method to gauge market movements effectively.
Using the Fisher Cyber Cycle is straightforward. Here’s the lowdown:
- Buy Signals: Look for the indicator crossing above the -0.7 level or the 0.7 level, especially if it has previously crossed above -0.7.
- Sell Signals: Consider selling when the indicator crosses below the 0.7 level or the -0.7 level, particularly if it has just crossed below 0.7.
- Keep an eye on the crossings between the indicator and its signal line as they can provide additional trading cues.
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