DasanC

Fisher Stochastic Center of Gravity

What happens when you take the Fisher Transform of a Stochastic Oscillator?
Well, you filter out all the stuff you don't want and are left with super-precise entries!

This indicator works especially well in with a trend-follower in a higher timeframe - iTrend, MAMA, Hull, etc...

How to trade:
Use with another indicator to tell you the current trend.
Take buy and sell signals as you would with the Stoch.

-DasanC

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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