Author: Witold Wozniak
The Fisher RVI is a unique oscillator that enhances the values of the Relative Vigor Index (RVI) by utilizing the Inverse Fisher Transform. This indicator is designed to give traders a clearer picture of market momentum.
Inspired by John Ehlers' insightful article "Using The Fisher Transform", published in November 2002 in the renowned Technical Analysis of Stocks & Commodities magazine, this tool is perfect for traders looking to refine their strategies.
The trading rules for the Fisher RVI are straightforward:
- Buy when the indicator crosses above the zero line.
- Sell when it crosses below the zero line.
- Consider additional signals when the indicator crosses its own signal line.
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