Originally Posted by ycomp

Hi,

could someone please summarize what each fisher indicator is good for and what it isn't good for?

I'm assuming from the discussion that FX Fish is good to confirm the direction of the trend, but not to use for exits. If it is good to confirm the direction of the trend, is it also good to confirm the magnitude of the trend?

and that it is only for confirming direction when live, not when looking at it on a historical chart because the bars have been redrawn?