What Is The Polarized Fractal Efficiency Indicator & How To Trade With It

Polarized Fractal Efficiency

Hans Hannul first introduced polarized fractal efficiency indicator in the January 1994 edition of “Technical Analysis of Stocks & Commodities”. The trading indicator’s purpose is to identify the degree of effectiveness of price movements and determine how chaotic or directional price changes were in the recent past. What is the Polarized Fractal Efficiency indicator? The polarized fractal efficiency (PFE) indicator is designed to measure the effectiveness of price movements. It is based on the fundamental axiom of geometry, that the most effective movement, in this case, the price movement, is linear. Thus, this contributes to the movement of prices in …READ MORE