//+------------------------------------------------------------------+
//| Polarized Fractal Efficiency |
//| mladen |
//| Developed by Hans Hannula |
//| TASC 12:1 "Polarized fractal Efficiency" |
//+------------------------------------------------------------------+
#property copyright "mladen"
#property link "mladenfx@gmail.com"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 DarkSlateGray
#property indicator_style2 STYLE_DOT
#property indicator_minimum -105
#property indicator_maximum +105
//
//
//
//
//
extern int PFEPeriod = 9;
extern int Smooth = 5;
//
//
//
//
//
double buffer1[];
double buffer2[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
int init()
{
IndicatorDigits(0);
SetIndexBuffer(0,buffer1);
SetIndexBuffer(1,buffer2); SetIndexLabel(1,NULL);
IndicatorShortName("Polarized fractal efficiency ("+PFEPeriod+")");
return(0);
}
//
//
//
//
//
int start()
{
int counted_bars=IndicatorCounted();
int i,limit;
if(counted_bars<0) return(-1);
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i = limit; i >= 0; i--)
{
buffer1[i] = iPFE(i);
buffer2[i] = 0;
}
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
//
//
//
//
//
double iPFE(int i)
{
double pfe = MathSqrt(MathPow(Close[i]-Close[i+PFEPeriod],2)+MathPow(PFEPeriod,2));
double c2c = 0;
for (int k=1; k<=PFEPeriod; k++)
c2c += MathSqrt(MathPow(Close[i+k-1]-Close[i+k],2)+1);
//
//
//
//
//
double fraceff;
double coeff = 2.0/(1.0+Smooth);
if (Close[i] > Close[i+PFEPeriod])
fraceff = MathRound( (pfe/c2c)*100);
else fraceff = MathRound(-(pfe/c2c)*100);
if (i==Bars)
return(fraceff);
else return(buffer1[i+1]+coeff*(fraceff-buffer1[i+1]));
}
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: