Polarized Fractal Efficiency (PFE)

[Apprentice]

PFE < 0 - trend is down.
PFE > 0 - trend is up

I found several different formulas,
so I compare several variants

PFE.lua

(3.69 KiB) Downloaded 1012 times

[a135711]

Apprentice,

i was wondering if you could print this oscillator on the price chart in the following way

the high band (100.00) equal to a BB band high band, or a simple stdev band
the low band(0.0) equal to the BB low band, or a stdev band

in short, the PFE would bounce between the deviation bands and right through the price

[Apprentice]

PFE Overlay.lua

(4.33 KiB) Downloaded 932 times

[Alexander.Gettinger]

MQL4 version of PFE oscillators: viewtopic.php?f=38&t=61627.

[Apprentice]

The indicator was revised and updated.