Fractal Dimension Index. + Step EMA – indicator MetaTrader 4
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Step_Ema_LK.mq4:
This is a hybrid step / ema filter I wrote a while ago. Exchanging some lag/price for lag/time then prices moves a lot.
LK_FDI_V2.mq4:
Is my version of a Fractal Dimension Index. Following more or less the same principles as FGDI.mq4 posted elsewhere in the codebase. (There is some small differences, especial when dealing with small periods: e.g. a 2 bar period (2 observations) is considered random(~1.58) in this version there FGDI will give values above 2.0).
Also this version supports a linear weighted mode that may give a little less lag in some cases.
Plus dFDI (green line in the chart), that is FDI on first derivative (rate of change).
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