frama

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

Frama – indicator MetaTrader 5

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Frama - indicator for MetaTrader 5
Theory : As described by John Ehlers : We could measure the fractal dimension of prices by covering the curve with a series of small boxes.  This is burdensome task, but if we note that the price samples are uniformly spaced, we note that the box count is approximately the average slope of the curve. … Read more