Indicators: Instantaneous Trendline

 

Instantaneous Trendline:

The indicator is inspired by John Ehlers' article "Using The Fisher Transform" published in November 2002 in the "Technical Analysis Of Stock & Commodities" magazine.

The indicator shows buy and sell signals, the simplest trading system for working with the indicator consists of using the moving averages crossing for the market entry and exit.

Author: Nikolay Kositsin

Instantaneous Trendline indicator