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Fractal Graph Dimension Indicator (FGDI)

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61696
Forum: 38 · Topic 61696 · 1 post(s)


Fractal Graph Dimension Indicator (FGDI)

Alexander.Gettinger · Fri Jan 09, 2015 4:20 pm

This indicator do not shows trend direction, but it shows the market is in trend or in volatility.

The indicator is described in Technical Analysis of Stocks and Commodities, in a article by Radha Panini, in March, 2007, which is based on Carlos Sevcik, “A procedure to Estimate the Fractal Dimension of Waveforms” article.

FGDI_MQL.PNG

Download:

FGDI.mq4