The document introduces the Fisher Transform, an indicator used in market analysis to capture price reversals. It explains the background and working principle of the Fisher Transform, as well as its strengths and weaknesses. The document also provides advanced techniques for using the indicator and includes the code implementation in Pine Script language.
Moving Average Envelope (ENV) is a simple yet powerful technical indicator that can help us gain insights into market trends. It consists of a baseline and two envelope lines, which are determined by setting fixed percentages. When the price breaks through the envelope lines, it is a significant signal that may indicate important price fluctuations. ENV can assist us in identifying overbought and oversold opportunities, but it should be used in conjunction with other technical tools. This indicator can provide us with a strong perspective to help us navigate the stock market with stability.