Fisher No Repainting Indicator

The Fisher No Repainting Indicator is an upgraded version of John F. Ehlers’ famous Fisher Transform. Ehlers designed the Fisher Transform to reduce lag and highlight price reversals more clearly. This non-repainting version enhances the concept further by keeping all historical signals fixed, making it more reliable for live trading.

Displayed in a separate window as a histogram, the indicator uses:

Green bars → Bullish trend

Red bars → Bearish trend

Traders favor it for spotting early trend changes, often before moving averages react.

How the Fisher No Repainting Indicator Works

The histogram fluctuates around a zero line, creating easy-to-read trend signals:

BUY Conditions

Histogram turns green

Bars rise above 0

Trend momentum increases

SELL Conditions

Histogram turns red

Bars fall below 0

Downward momentum strengthens

Zero-Line Break Signals

Crossing UP through zero → BUY

Crossing DOWN through zero → SELL

These zero-line breaks often precede strong directional moves.

Timeframes and Best Practices

Works on all timeframes

Best on H1, H4, and Daily to avoid noise

Combine with RSI, MACD, or SuperTrend for confirmation

Because it doesn’t repaint, traders can rely on the signals for trend continuation or reversal setups.

Does the Fisher Indicator Repaint?

This version is the Fisher No Repainting Indicator, meaning:

It does not repaint past bars

It updates only the current candle

Historical signals remain unchanged and reliable

Best Non-Repainting Indicators

Some of the most trusted non-repainting indicators include:

RSI

Fibonacci Levels

Bollinger Bands

Moving Averages

Fisher No Repainting Indicator

Conclusion

The Fisher No Repainting Indicator provides clear BUY/SELL signals using a simple histogram format.
Because it never changes historical values, traders can trust its signals for:

Trend continuation

Trend reversals

Momentum shifts

It is free to download and works on any MT4 chart, making it a valuable addition to any trading strategy.