FX Fish - oscillator
FX Fish indicator is a very good oscillator The market is overbought and oversold, i.e. it determines the overbought and oversold levels of the market.
The FX Fish indicator crosses the zero line as a trend change signal. Indicator position in the positive area corresponds to a buy signal, below the line - to sell. Also possible work on the divergence of the indicator with the chart as a signal of imminent change in trend.
It is recommended to use FX Fish oscillator on the big timeframes, starting with H4.
Commentary from ForTrader.orgKiko Segui, the author of the FX Fish indicator, has offered us his vision of the stock oscillator, which is successfully used in other markets. It should be noted that the indicator is heavily overdrawn and captures not 1, but 8 last bars at once, so the signals FX Fish oscillator It takes some getting used to.