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Polarized Fractal Efficiency (PFE)

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Description

The Polarized Fractal Efficiency indicator uses fractal geometry to determine how efficiently the price is moving. When the PFE is zigzagging around zero, then the price is congested and not trending. When the PFE is smooth and above/below zero, then the price is in an up/down trend. The higher/lower the PFE value, the stronger the trend is.

 

... Courtesy of FMLabs

 

 

Syntax

PFE(int period)
PFE(IDataSeries input, int period)

 

Returns default value
PFE(int period)[int barsAgo]
PFE(IDataSeries input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Examples

// Prints the current value of a 20 period PFE using default price type
double value = PFE(20)[0];
Print("The current PFE value is " + value.ToString());

 

// Prints the current value of a 20 period PFE using high price type
double value = PFE(High, 20)[0];
Print("The current PFE value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window.