Click here to Login








Polarized Fractal Efficiency

by MikeMM, 2336 days ago
Share |






It was created by Hans Hannula and presented in 1994 in one edition of the Technical Analysis of Stocks & Commodities magazine. It primarily goal is to determine price efficiency over a specific period of time and to tell us whether a security is trending or not. The indicator values moves between -100 and 100, where a value above zero indicates that the underlying security is trending up, while a value below zero indicators that the security is trending down.

Besides the above rule of thumb, the Polarized Fractal Efficiency indicator also measures the strength of the trend. The higher the indicator value the stronger the trend is. This means that a value of 100 indicates a very strong up trend and a value of -100 indicates a very strong down trend.

The indicator name is "pfe" and here is an example:

a = pfe(25); // Create the Polarized Fractal Efficiency based on the previous 25 bars
b = pfe(75);
c = pfe(75*4);

buy = a > 50 and b > 50 and c > 50;

The above trading system enters long when the Polarized Fractal Efficiency indicator tells us that the security is trending up (bullish) in the short, medium and long term.


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1287


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
Number of bars up to the end of the month (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 40 Notes Report an item
End of Month (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 30 Notes Report an item
Market trading rules (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 20 Notes Report an item
Relative Volatility Index (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 27 Notes Report an item
KST indicator (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 74 Notes Report an item
Vortex Oscillator (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 88 Notes Report an item
Williams' VIX Fix - WVF (by Vangelis M., uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 14 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

Update Chart Layout based on Active Ticker Symbol - Part 2

Update Chart Layout based on Active Ticker Symbol

Using Average True Range to Measure Intraday Volatility

How to Backtest Your Trading System for Each Industry

Create Profitable Trading Strategies with Exchange Traded Funds (ETFs)

3 Market Indicators based on Fundamental Data

How to Send Commands to QuantShare from Excel or Other Applications

How to make sure your Historical Price Data is Split Adjusted

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright 2019 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.