Tim I did not look at the formula as I know nothing about MetaTrader.
But the name of your indicator and its purpose sound a lot like the "Fractal Dimension Index".
Hydrologist H.E. Hurst (1900–78) while examining river flows came up with the Hurst exponent and the later mathematician Benoit Mandelbrot used the Hurst exponent to experiment with time series found in cotton prices. He developed a method to measure irregular natural objects and named the measurement the fractal dimension. Thus, the FDI is based on the work of Mandelbrot and Hurst.
Over the years Technical Analysis of Stocks and Commodities magazine has had numerous articles on the Hurst exponent or the FDI.
As far as I am aware, AmiBroker code for this can be found in a couple of places.
Based on a TASC article May 2003
http://www.amibroker.com/members/traders/05-2003.html
Based on a TASC article June 2010
http://www.amibroker.com/members/traders/06-2010.html
If this is what you are looking for, and when you have done some work with this please share what you have found with us here.
Good luck,
Larry
Posted by: portfoliobuilder99@gmail.com
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (2) |
This group is for the discussion between users only.
This is *NOT* technical support channel.
TO GET TECHNICAL SUPPORT send an e-mail directly to
SUPPORT {at} amibroker.com
TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
EmoticonEmoticon