OPEN-SOURCE SCRIPT
Fractal Adaptive Entry Indicator
Diupdate
This entry indicator was inspired by John Ehle'rs "Fractal Adaptive Moving Average"
It's a very sensitive entry indicator that must be paired with a long-term trend detector in order to filter false positives.
Warning I have not backtested this indicator and will not make any claims to its performance.
Visually, it looks promising, however, backtesting and statistical analysis takes time.
Happy trading
<3
It's a very sensitive entry indicator that must be paired with a long-term trend detector in order to filter false positives.
Warning I have not backtested this indicator and will not make any claims to its performance.
Visually, it looks promising, however, backtesting and statistical analysis takes time.
Happy trading
<3
Catatan Rilis
Now with signal dampening setting -> ignore false positives during sideways motion with a tunable setting.Catatan Rilis
Removed plotting of FRAMA line and changed shape colors.Added multi-timeframe support
Skrip open-source
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