PFE

Real author: giampiero.raschetti@gmail.com Oscillator with calculations using an algorithm similar to Kaufmann’s AMA. The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”. Originally this indicator has been written in MQL4 and was first … Read more

The Polarized Fractal Efficiency (PFE) indicator is designed for identifying trends. There are four input parameters: Fast ROC period – fast ROC (Rate of Change) calculation period; Slow ROC period – slow ROC (Rate of Change) calculation period; MA period – MA calculation period; PDS – oscillator scale factor. Calculations: PFE = EMA(B, MA period) … Read more