With the 2hr and 4hr bottoming, I expected a push up with the expectation of a failure considering the daily chart where both the TRIX and Fisher Transform agree in direction. 6/16/14
I also found that turns in the Fisher Transform are very similar to turns in Heikin-Ashi candlesticks. When a Heikin Ashi candlestick goes, from say, a downtrend to a doji or an up candle, the FT often matches with the heikin ashi doji or up candle. Fisher transform, Heikin ashi turn, and MACD are all very similar with the right settings in terms of when they turn. 6/16/14