FN Signal

The FNCD oscillator is based on the Fisher Transform indicator. The FN FNCD indicator signal comprises a histogram and a signal line. The histogram represents the difference between two exponential moving averages: fast EMA(5) and slow EMA(13). Moving averages are then normalized with a double transform Fisher (FN = 34)

Trading Signals

Buy Signal

  • FN histogram signal crosses upward the zero line and becomes positive – bullish trend;
  • Signal line is inside the bars of the histogram FN Signal Positive – bullish trend;
  • Bullish divergence: the price is down (again above lower) and histogram FN Signal rising (new higher low). An upward correction of prices is expected.

Sell Signal

  • FN histogram signal crosses down the zero line and becomes negative – bearish trend;
  • Signal line is the interior of the histogram bars FN Negative Signal – bearish trend;
  • Bearish divergence: the price is rising (new higher low) and FN decrease in signal histogram (new high lower). A downward correction of prices is expected.

Fn Signal

Download

  • File: FN_Signal.mq4
  • Size: 4 Kb
FN Signal posted by is rated 5 / 5 on 910 reviews.

Leave a Reply

Your email address will not be published. Required fields are marked *

Protected by WP Anti Spam