Combo Backtest 123 Reversal & PFE (Polarized Fractal Efficiency) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Polarized Fractal Efficiency (PFE) indicator measures the efficiency
of price movements by drawing on concepts from fractal geometry and chaos
theory. The more linear and efficient the price movement, the shorter the
distance the prices must travel between two points and thus the more efficient
the price movement.
WARNING:
- For purpose educate only
- This script to change bars colors.
폴러라이즈드 프랙탈 이피션시 (PFE)
Polarized Fractal EfficiencyPolarized Fractal Efficiency
Description:
Technically, Polarized Fractal Efficiency (PFE) is a measure of market choppiness. It is an indicator derived from fractal geometry, the mathematics that describes chaotic systems.
This technical indicator was developed by Hans Hannula to determine price efficiency over a user-defined period. This indicator fluctuates between -100 and +100, with 0 as the centerline. Securities with a PFE greater than zero are deemed to be trending up, while a reading of less than zero indicates the trend is down. Polarized Fractal Efficiency's signature characteristic is its use of fractal geometry in determining how efficiently a security's price is moving.
This script uses a customized version of PFE formula and generates a long entry signal when the Polarized Fractional Efficiency (PFE) value crosses over a signal line, and/or generates a short entry signal when the PFE value crosses under a signal line.
The Polarized Fractional Efficiency indicator can be used to determine price efficiency over a user-defined time period. Assets with a PFE greater than zero are deemed to be trending up, while a reading of less than zero indicates the trend is down. The strengh of the trend is measured by the position of the PFE relative to the zero line.
As a general rule, the further the PFE value is away from zero, the stronger and more efficient the given trend is. A PFE value that fluctuates around the zero line could indicate that the supply and demand for the security are in balance and price may trade sideways.
PFE (Polarized Fractal Efficiency) Backtest The Polarized Fractal Efficiency (PFE) indicator measures the efficiency
of price movements by drawing on concepts from fractal geometry and chaos
theory. The more linear and efficient the price movement, the shorter the
distance the prices must travel between two points and thus the more efficient
the price movement.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
PFE (Polarized Fractal Efficiency) Strategy The Polarized Fractal Efficiency (PFE) indicator measures the efficiency
of price movements by drawing on concepts from fractal geometry and chaos
theory. The more linear and efficient the price movement, the shorter the
distance the prices must travel between two points and thus the more efficient
the price movement.
WARNING:
- This script to change bars colors.
