It is very simple strategy workable on almost any pair and if you wait for bit larger candle after signal in fisher indicator as instructed and target for 15-20pips only then i hope there is no need of stop loss however if you wish you can set it to 20pips. This strategy is best for 15-20pips profits per trade but you may even use it for long term trades and for detecting the reversals of trend.
If you like my post, tested the strategy and found it good / workable then thanks is my right.
Believe me forex trading is easy.