efficiency

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

Directional Efficiency Ratio – indicator MetaTrader 5

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Directional Efficiency Ratio - indicator for MetaTrader 5
The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book “Smarter Trading”. It is calculated by dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The resulting ratio ranges between 0 and 1 with higher values representing a more … Read more

Efficiency ratio directional with levels – indicator MetaTrader 5

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Efficiency ratio directional with levels - indicator for MetaTrader 5
Basics: The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book ‘Smarter Trading‘. It is calculated by dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The resulting ratio ranges between 0 and 1 with higher values representing a … Read more

Adaptive efficiency ratio EMA – indicator MetaTrader 5

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Adaptive efficiency ratio EMA - indicator for MetaTrader 5
Theory : Efficiency ratio was invented by Perry Kaufman as a measure of volatility and as a way of making some calculations adaptive. In his adaptive moving average he uses 3 periods for calculation which makes it a bit “cryptic” and, by all means, not so simple to use. This version is simplifying the whole … Read more