Fractal

Fractal Graph Dimension Indicator (FGDI) – indicator MetaTrader 4

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Fractal Graph Dimension Indicator (FGDI) - indicator for MetaTrader 4
This a rework of a script by iliko called Fractal dimension and that can be found here: In there, I corrected two minor errors, and added a calculation and representation of the standard deviation of the estimation of the box-counting dimension. The two minor errors were the following: – At line 199: Instead of : … Read more

Fractal Dimension Index. + Step EMA – indicator MetaTrader 4

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Fractal Dimension Index. + Step EMA - indicator for MetaTrader 4
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 … Read more

Class CalcFrac – Number of bars before and after the current High / Low (calculated fractal) – library MetaTrader 5

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Class CalcFrac - Number of bars before and after the current High / Low (calculated fractal) - library for MetaTrader 5
Calculates fractals and lets you specify the number of bars separately before and after the current High / Low (fractal).Functions: //+——————————————————————+ //| calculate lower fractals                                         | //+——————————————————————+ bool CalcFrac :: is_lower_fr(int number_of_bars) //+——————————————————————+ //| calculate upper fractals                                         | //+——————————————————————+ bool CalcFrac :: is_upper_fr(int number_of_bars) Sample: Indicator : FractalsPeriod Class CalcFrac – Number of bars before and after … Read more

Fractal Adaptive Moving Average (FrAMA) – indicator MetaTrader 5

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Fractal Adaptive Moving Average Indicator
Fractal Adaptive Moving Average technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and … Read more

A measure of fractal self-similarity – indicator MetaTrader 4

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A measure of fractal self-similarity - indicator for MetaTrader 4
IMPORTANT:I have updated this message with a correct version of the script MTF_FractalDispersion11.mq4, the previous version is incorrect, it gave an incorrect value of the fractal dispersion. My blog is also updated but the link below remains correct.This indicator is meant to be used with FGDI.mq4 which is available here ( It basically calculates this … Read more

XIT_BuySellAutoStoploss.mq4 – Stoploss set from Fractal Levels, Money management Risk/Reward – script MetaTrader 4

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XIT_BuySellAutoStoploss.mq4 - Stoploss set from Fractal Levels, Money management Risk/Reward - script for MetaTrader 4
XIT_BuySellAutoStoploss.mq4 – Stoploss set from Fractal Levels, Money management Risk/Reward My main goal here with this script was to help improve my win ratio, by setting my stoploss at fractals with the best support. I had been using fixed stoploss values, and kept having the stop hit and within minutes the price went back into … Read more

Polarized Fractal Efficiency – indicator MetaTrader 5

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XPFE
Real author: Gimapiero Raschetti Polarized Fractal Efficiency is a technical indicator that displays the current market prices efficiency. Indicator values oscillate at the interval from -1 to +1, the central line passes through 0 level. It is assumed that a trend is descending, in case the indicator value is positive. And it is ascending, in … Read more

Fractal ZigZag (never repaints) – indicator MetaTrader 4

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Fractal ZigZag (never repaints) - indicator for MetaTrader 4
This indicator is very simple: it shows signals triggered using Fractals and the original ZigZag indicator without any further filtering. It does never -ever- repaint a past signal and therefore it useful to study the real behavior of the ZigZag -which does repaint- as a trading tool over time. You should complement signals with your … Read more