Fractal Dimension Index by zuijaideai

48753 downloads / 8028 views / Created: 23.05.2013
1 2 3 4 5
 Average Rating: 5

Indicator Description

Hi All,
This is a new indicator requested by Zenoni on the following forum topic.

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.

FDI

Link to the forum topic: Fractal Dimension Index

Rgds
Denny Imanuel
imanuel.denny@gmail.com

Comments

The code is wrong in line 135.
Risk warning: Forex, spread bets and CFD are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
Copyright © 2006 - 2025, Forex Software Ltd.;