Forex Wiki Trading > FX Ind > Fractional Bands

Fractional Bands

  • July 7, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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Fractional Bands
Author: jppoton (2009.05.07 08:22)
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Fractional Bands 1
 fractional_bands.mq4 (10.9 Kb) View
Fractional Bands uses a modelisation of price variation by a Fractional Brownian Motion, that incorporates the consideration of the Fractal dimension, contrary to the Bollinger Bands, which are based on a Wiener Brownian Motion (a particular case of the Fractional Brownian Motion). They also use a different equation from the Fractal Bands (http://codebase.mql4.com/5590). This difference, while being more consistent with the model on a mathematical point of view, does not seem to provide an indicator as interesting at a trading point of view. Nonetheless, it might still be of some use in combination with other indicators.

More details on my blog: http://fractalfinance.blogspot.com/2009/05/fractional-bands.html

Here is the Fractional Bands (in limegreen) with the Fractal Bands (in red), both share the same MA, which is the FRASMA (http://codebase.mql4.com/5551):

Fractional Bands 2

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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