Measure

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

MPC – Measure Popular Candles – script MetaTrader 5

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MPC - Measure Popular Candles - script for MetaTrader 5
The idea of creating the script I want to introduce you a small script “MPC – Measure Popular Candles” which measures (searches) the most frequently occurring candlesticks. This script visually displays the scale using the previously set parameters. This script displays the frequency of candlesticks which have different size of bodies and shadows. The idea … Read more