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FractalEfficiencyIndicator

A ratio between 0 and 1 with the higher values representing a more efficient or trending market, It is used in the calculation of Perry J. Kaufman Adaptive Moving Average (KAMA), dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change.

The Fractal Efficiency or also known as Efficiency Ratio was first published by Perry J. Kaufman in his book ‘Smarter Trading‘.

This is mostly considered a filter for volatile markets none the less a useful one when used right.




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Europa
Todd Terence Bates
This Expert advisor has been designed specifically for the EURUSD H1 Foreign Exchange(FX) market to open, monitor, modify and adjusts orders automatically 24/5. Trading with clear and comprehensive entry and exit rules. There is no need to adjust any parameters, simply assign a unique MagicNumber and designated mmLots per trade and GO! The system logic is based on technical analysis. Every Trade has a fixed Take Profit and Stop Loss set from execution. Europa utilizes the Keltner Channel in
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