Polarized Fractal Efficiency

Free

Developed By: JoySebastian

In stock

Polarized fractal efficiency (PFE) is a VertexFX Client Side VTL Indicator. PFE indicator measures the efficiency of price movement and its values oscillates between -1 and +1.

PFE value above zero indicates upward price move and value below zero indicate downward price move. Polarized fractal efficiency is used to anticipate trend changes. The price move reaches maximum efficiency when PFE reading reaches +1 or -1. Extreme PFE reading near -1 indicates the possibility of down trend ending, and extreme values near +1 indicates uptrend is ending. Thus PFE can be used to develop counter trend trading strategies.

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Polarized fractal efficiency (PFE) is a VertexFX Client Side VTL Indicator. PFE indicator measures the efficiency of price movement and its values oscillates between -1 and +1.

PFE value above zero indicates upward price move and value below zero indicate downward price move. Polarized fractal efficiency is used to anticipate trend changes. The price move reaches maximum efficiency when PFE reading reaches +1 or -1. Extreme PFE reading near -1 indicates the possibility of down trend ending, and extreme values near +1 indicates uptrend is ending. Thus PFE can be used to develop counter trend trading strategies.

The PFE indicator can be customized through the parameters, PFE calculation period, and smoothing average. PFE indicator can be used to develop trading strategies in conjunction with other indicators.

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Files
  • Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.

Additional information

Plugin-Type

Client VTL – Custom Indicator

Compatibility

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