MOMENTUM & OSCILLATORS
Polarized frac eff
How efficiently price is travelling, with a sign attached: strongly positive means a clean move up, strongly negative a clean move down, near zero means wandering.
spec id: pfelength (default 10)
What does Polarized frac eff measure?
How efficiently price is travelling, with a sign attached: strongly positive means a clean move up, strongly negative a clean move down, near zero means wandering.
How is Polarized frac eff calculated?
Compare the straight-line distance from the close 10 candles ago to today with the total zig-zag distance actually walked over those candles. Keep the sign of the net move, then smooth the result.
Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.
How do I use Polarized frac eff in a bot?
In the builder, add an indicator of type pfe (parameters: length, default 10). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.
Related indicators
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- Psych lineCrowd mood as a plain percentage: what share of recent candles closed up.
Or browse all 158 indicators in the full library.