This system is a redux of our Trading Idea #018, the Aggregate Fisher Index, based on Sofien Kabaar’s original idea. This time, I put this through my entire process and see if this idea is a good one or not.
This idea is inspired by Sofien Kabaar. He took John Ehlers’ Fisher Transform and tweaked it a little. He calls the final value the Aggregate Fisher Index.
This week’s system was inspired by Jeff Swanson’s article this week at EasyLanguage Mastery, on the topic of John Ehlers’ zero-lag indicators.
This Trading System is another scalping idea, but this time it’s to take a trade when the volume is greater than 2 times the average volume.
Fisher provided a trading pattern so simple, a kindergartner can trade it. Simpler trading systems are better, and this idea is about as simple as it gets.
This week’s idea is taken directly from John Ehlers’ third book, Cybernetic Analysis for Stocks and Futures, the Instantaneous Trendline, or iTrend as a prefer to call it.