Topic: New Indicator: Fractal Dimension Index
Hi All,
This is a new indicator requested by Zenoni on the following forum topic.
http://forexsb.com/forum/topic/1300/ind … filtering/
This indicator appeared in TASC magazine April 2007 and available in Metatrader MQL4 Codebase website. Iis commonly called as Fractal Dimension Index (FDI). It's a nondirectional index indicator that measures the strength of the trend. It is a indicator that shows strength of trend as compared to the vertical horizontal filter, ADX, DMI. It doesn't shows a trading signal, because this indicator can be used for filtering only. If you want to learn more about this indicator you can google it.
Rgds
Denny Imanuel
imanuel.denny@gmail.com