thank you very much for the indicator.
now i have three different indicators which all give different results
If you take a look at the calculation, the one I posted does it the way defined here : Hurst exponent - Wikipedia, the free encyclopedia .
But even when compared to Fractal dimension as defined by Sevcik and if we take the Hurst = 2- Fractal dimension, the correlation does not stand (the original Sevcik's fractal dimension has flaws, btw, since it never reaches values of 1.5). In my opinion, the one I posted is OK but I leave you to decide what is what in the "hurst exponent mess"
okay thank you!
Maybe this additional info will help
But one more but . Since Bob Fulks and Alex Matulich did work together a lot and since the version of Hurst exponent I posted is done after the work of Bob Fulks, and since he done it as defined at that link (link from wikipedia) that describes Hurst exponent in detail, all we can do is come to a conclusion that there is something wrong in the whole thing : they roughly correlate as expected, but just roughly. The question in the end becomes the "which is the older" question : Hurst definition or Carlos Sevcik's definition.
And if we all this was not enough then if we additionally include Mark Juriks fractal dimension, than we get even more confused : Mark Juriks Fractal dimension has absolutely nothing in common with previous versions.
Hope these will help a bit
value chart + price zone ascillator smoothed
i use value chart (bars are not visible) with price zone ascillator soothed in one window. I wonder, is it possible to make a indicator that generates alarm (email) when price zone ascillator cross emas (see picture). This system generates very good signlas on renko charts especially when corss is near +-8 value chart.
Mladen have you seen this post?
Could you make that indicator?
Thanks so much!
Take a look at this post https://www.mql5.com/en/forum/general
Is it possbible for you to implement the genetic algorithm library JQS UGAlib - MQL4 Code Base in value chart for optimization purpose?Many thanks.
I like them :):)