Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

26765

Rating:

(10)

Published:

2009.05.06 06:03

Updated:

2014.04.21 14:53

fractal_bands.mq4 (11.01 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Following a modelisation of the price variation by Fractional Brownian Motion, this indicator increases the width the Bollinger Bands in order to avoid (or minimize) false signals (of entry or exit). For a more complete explanation, please see my blog: http://fractalfinance.blogspot.com/2009/05/from-bollinger-to-fractal-bands.html

Here is what this indicator looks like for a speed of the FRASMA (https://www.mql5.com/en/code/8866) set to 30. The red indicator is the Fractal Bands, and the blue is the Bollinger Bands (with a speed set to 30 as well), below is the Fractal Graph dimension (https://www.mql5.com/en/code/8844):

Gandalf_PRO

The EA well trades on "fat" sites of a trend on periods H4 and D - EURUSD.The input in the market occurs on the basis of two-parametrical Exponential Smoothings Time Series.

News_Plotter

This indicator displays lines on the chart corresponding to upcoming news events. Customizable.

Automatic Update the chart you drag it to

action just like pressing home key, esc to exit,

Fractional Bands

A modification of the Bollinger Bands, in the same spirit as the Fractal Bands, but using a mathematically more precise equation

Fractal Bands - indicator for MetaTrader 4