438# Fischer Scalping System
Submit by Gopal fx 20/07/2014
Fischer scalping system in a strategy based on the variations of the fisher indicator.
Fischer indicator is based on the mathematical function of called “Fischer Transform.”
All the Fisher indicators in this scalping system repaint but i have used differences setting for period and time frame .
Time Frame 5 min
Currency pairs: forex majors ( currency pair with low spread).
Solar Wind joy ( 35 period, smooth 10);
sm Fischer Transfor 3 (alarm: true, Ehlers: true);
Figj Trend alert mtf (15 min, 5);
Fisher Indicator 34 period).
Rules Fischer Scalping
All Fisher Indicators are green color (bars and Arrow).
All Fisher Indicators are red color (bars and Arrow).
Initial Stop loss on the previous swing.
Exit at the opposite conditions or
make profit on the pivot levels or
profit target predetermined.
Note:this redraws forex system can be credible and can be understood as a system price action.
The setting of indicators based on fisher transform is quite broad.