Trade Bitcoin Trading

Ehler Fisher Transform for Bitcoin Signals and Analysis

Created by John Ehler,

Started as a Tool for Stocks and Commodities.

The Ehler Fisher Transform has 2 lines: the Fisher Transform line and the trading signal line. Signals are made when these 2 lines cross, which looks like the stochastic oscillator trading indicator.

This indicator is built to spot major bitcoin price reversals fast, thanks to its sharp, quick-turning signals - it's a leading indicator.

This btcusd indicator operates under the premise that bitcoin trading prices do not conform to a Gaussian probability density function (bell-shaped curve movement). However, by normalizing bitcoin prices and applying the Fisher Transform, you can derive a nearly Gaussian probability density function along the drawn lines.

Ehlers Fisher Transform for Bitcoin - Fisher Transform on BTCUSD

Ehler Fisher Transform concept

Bitcoin Crypto Currency Analysis and Generating Signals

Use the Fisher Transform crossover with its signal line. It gives exact signals.

The Ehlers Fisher Transform lacks precision. Like other leading indicators, it creates false signals and faces whipsaws. Pair it with other tools for safer trades.

Examine More Subjects & Explanations:

Bitcoin Broker