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- Japan forex robots
- How Japanese traders work w/ PFE ?

How Japanese traders work w/ PFE ?

Fisrt of all, they create the PFE like this :

/ * Polarized Fractal Efficiency (PFE) Indicator * / / * # Property copyright "fx_scientist" * / / * # Property link "http://www.geocities.jp/fx_scientist/index.html" * / indicator PFE; input period = 10, smooth = 5; draw line ("PFE"); vars i (number), j (number), numerator (number), denominator (number), sign (number), pfe_raw (series); begin if period <1 then return; if smooth <1 then return; for i: = front (close) + period to back (close) do begin numerator: = sqrt (pow (close [i] - close [i-period], 2) + pow (period, 2)); denominator: = 0; for j: = 1 to period do denominator: = denominator + sqrt (pow (close [i-j +1] - close [ij], 2) + 1); if close [i]> close [i-period] then sign: = 1 else sign: = -1; pfe_raw [i]: = 100 * sign * numerator / denominator; end; line: = ema (pfe_raw, smooth); end.