Fractal Graph Dimension Indicator (FGDI) – indicator MetaTrader 4

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 :

Fractal Dimension Index. + Step EMA – indicator MetaTrader 4

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

Fractal Dimension Index – indicator MetaTrader 5

Figure 1. The fractal_dimension indicator
Real author: iliko The Fractal Dimension Index determines the amount of market volatility. The easiest way to use this indicator is to understand that a value of 1.5 suggests the market is acting in a completely random fashion. Deviation from 1.5 indicates a possible profit. The possibility of profit increases when deviation increases. However, be

Fractal dimension – Ehlers – indicator MetaTrader 5

Fractal dimension - Ehlers - indicator for MetaTrader 5
Based on the June 2010 issue of TASC article by John Ehlers and Rick Ways “Fractal Dimension As A Market Mode Sensor”. Short descriptions of their interpretation of fractal dimension would be the following: Fractal dimension There is no argument that market prices are fractal. Price charts look similar regardless of time frame. If you

Fractal dimension index (Sevcik/Matulich) – indicator MetaTrader 5

Fractal dimension index (Sevcik/Matulich) - indicator for MetaTrader 5
According to the description of Fractal Dimension Index: Mandelbrot describes the Fractal Dimension Index (FDI) as a way to measure “how convoluted and irregular” something is. The FDI can be used as a stock market indicator. We can look at prices in a market as “trending” or “ranging”. During a strong rally, prices trend sharply,