A decent setup I have seen in my trading has appeared in ES mini futures!
Using a day bar chart, I am using my HL2MA and Fisher Transform Scripts looking for a confluence pattern.
Notice on March 12th and April 1st of this year we had a failure for bears on the rising HL2MA, as price could not cross it.
The very next Fisher Transform long signal is usually a great one to take.
I bought the open of tonight's globex for yet another try at this setup.
Also interesting, the turn of the Fisher Transform happened right at 0, or the mean.
This is also the same place it turned in those 2 mentioned historic trades.
We will see where it goes!
I have posted links here to the related TradingView Scripts that you can add to your favorites.
Please note the Fisher Transform Performance Report is not accurate to how I would trade it.
A. I am picky about which signals to take.
B. Trailing stops are needed for shorts, and that PL graph fixes right up!
~ B3 d^.^b