ROCX is a modified ROC (Rate Of Change) indicator displaying an absolute or relative price change.
It is calculated as (current - previous) / previous, not (current / previous - 1).
Three display modes:
The indicator has three input parameters:
ROCX = diff
ROCX = 100.0 * diff / PrN
% 1/10 value:
ROCX = 1000.0 * diff / PrN
diff = Applied price - Applied price[Period] PrN = Applied price[Period]
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21666
The Polarized Fractal Efficiency Overlay (PFE_Overlay) indicator is designed for identifying trends. Unlike Polarized Fractal Efficiency, the indicator is displayed on the price chart as the main indicator line and two lines of the calculated StdDev deviation value.PFE
The Polarized Fractal Efficiency (PFE) indicator is designed for identifying trends.