Following a modelisation of the price variation by Fractional Brownian Motion, this indicator increases the width the Bollinger Bands in order to avoid (or minimize) false signals (of entry or exit). For a more complete explanation, please see my blog:
Here is what this indicator looks like for a speed of the FRASMA ( set to 30. The red indicator is the Fractal Bands, and the blue is the Bollinger Bands (with a speed set to 30 as well), below is the Fractal Graph dimension (
Superb Fractal - indicator MetaTrader 4 Few improvements from standart fractal: 1. You can chouse size of fractal. Standart version use 2 as constant 2. It…
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MTF Fractal - indicator MetaTrader 4 Multi timeframe fractal indicator which shows the higher timeframe's fractal point on lower timeframes. Compatible with MT4 build 600 or…
A measure of fractal self-similarity - indicator… IMPORTANT:I have updated this message with a correct version of the script MTF_FractalDispersion11.mq4, the previous version is incorrect, it gave…
