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Fractal Dimension Indicator from Traders Tips June 2010 for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
From Traders tips June 2010
Screenshots
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Indicator / Formula
Copy & Paste Friendly
Price = (H+L)/2;
N = Param("N", 30, 10, 100, 2 );
Smooth = ( Price +
2 * Ref( Price, -1 ) +
2 * Ref( Price, -2 ) +
Ref( Price, -3 ) ) / 6;
N3 = (HHV( Smooth, N ) - LLV( Smooth, N ))/N;
HH2 = HHV( Smooth, N/2 );
LL2 = LLV( Smooth, N/2 );
N1 = ( HH2 - LL2 )/(N/2);
N2 = Ref( HH2 - LL2, - N/2 )/(N/2);
Ratio = ( log( N1 + N2 ) - log( N3 ) )/log( 2 );
dimen = Null;
for( i = 20+N; i < BarCount; i++ )
{
ratio[ i ] += Nz( dimen[ i - 1 ] );
ratio[ i ] *= 0.5;
for( sr = 0, k = 0; k < 20; k++ )
sr += ratio[ i - k ];
dimen[ i ] = sr / 20;
}
Plot( Dimen, "Fractal dimension", colorRed );
PlotGrid( 1.6, colorBlue );
PlotGrid( 1.4, colorBlue ); 0 comments
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