See more at: http://etfhq.com/blog/2010/09/30/fractal...
Updated code to support new TV script engine: http://pastebin.com/tnM3Pt64.
Code published won't work, plz use the code from the above link.
Had to update the source again to support the latest script engine changes:
Here's the new code - http://pastebin.com/6xyjP2ST
Appreciate any comments/feedback,
According to etfhq's article,
"We selected a modified FRAMA with a 'FC' of 4, a 'SC' of 300 and a 'FRAMA' period of 126 as being the most effective fast FRAMA although the settings for a standard FRAMA will also produce excellent results."
Your version has 2 parameters ("period of fractal", and "W") instead of the 3 which etfhq refers to. Could you explain how your params relate to what etfhq describes?
Thanks for all your great indicators.
Would it be possible for you to update the FRAMA to use the new ETF HQ modified version that they say is a lot better.
Thanks for bringing this to my notice.