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V. 20:11 (40-42): Using The Fisher Transform by John F. Ehlers
V. 20:11 (40-42): Using The Fisher Transform by John F. Ehlers
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Using The Fisher Transform by John F. Ehlers
Looking for better trading results? This indicator shows you how to identify price reversals in a timely manner.
he common assumption is that prices have a Gaussian, or normal, probability density function (PDF). A Gaussian PDF is the bell-shaped curve you are probably familiar with, where 68% of all samples fall within one standard deviation around the mean. Do prices follow such a curve? No, but many people think so, and that mistaken assumption is why many trading indicators fail.
Looking for better trading results? This indicator shows you how to identify price reversals in a timely manner.
he common assumption is that prices have a Gaussian, or normal, probability density function (PDF). A Gaussian PDF is the bell-shaped curve you are probably familiar with, where 68% of all samples fall within one standard deviation around the mean. Do prices follow such a curve? No, but many people think so, and that mistaken assumption is why many trading indicators fail.
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