The Fisher strategy is suitable for all popular currency pairs and for time frames from 5 minutes. This trading system uses two popular forex indicators: custom Fisher1.mq4 and varmov.ex4.
These indicators must be installed with the following settings:
1) Fisher1 (with a period of 55) defines a longer-term trend;
2) Fisher1 (with a period of 10) defines a shorter-term trend;
3) varmov.ex4 indicator with default settings.
A purchase is made when a new candlestick or bar is opened, after all three installed indicators turn blue. It is recommended to set a stop loss slightly below the local minimum.
The trade should be closed when Fisher1 (55) changes to the opposite color.
The sale is carried out under the opposite conditions.