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WenzelAnalytics
Posted : Monday, June 18, 2012 8:02:38 PM
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Joined: 2/1/2005
Posts: 9

Is documentation available for the Fractal Dimension Indicator as to the formula used and suggested signals?  The indicator line is very different from the Fractal Dimension software I use, given the same parameters (N=30 and daily or weekly bars).  Fractal Stock Grapher doesn't provide alerts or screening, but the signals are uncanny.   

Bruce_L
Posted : Tuesday, June 19, 2012 7:03:39 AM


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Joined: 10/7/2004
Posts: 65,138

The Fractal Dimension Indicator in StockFinder is documented in the June 2010 issue of Stocks and Commodities magazine.



-Bruce
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WenzelAnalytics
Posted : Wednesday, June 20, 2012 12:51:47 PM
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Joined: 2/1/2005
Posts: 9

The Fractal Dimension Indicator is apparently not a single entity, even when matching the parameters such as N and dates.  The Stockfinder 5 chart presumable taken from Erik Long bears little resemblece to the FDI as published daily in the Fractal Market Report by David Nichols (www.fractalmarketreport.com) or to the charts produced by Matt Trivisonno's Fractal Stock Grapher utility. ( http://www.trivisonno.com/fractal-stock-grapher)  It would be nice if you could make the other FDI's available so that we could back test all three, and perhaps others that are out there.  The Long article upon which the Stockfinder FDI is based gives some general guidance or prinicpals, but nothing specific enough for accurately implementing signals.

WenzelAnalytics
Posted : Thursday, June 21, 2012 11:19:30 PM
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Posts: 9

At http://www.traders.com/Documentation/FEEDbk_docs/2010/06/TradersTips.html#TT5 I find about 17 software programs that have implemented the Fractal Dimension Index, including StockFinder from the same article/issue Bruce referenced.  Most other vendors provide their script, which when I paste into their respective programs I see a similar pattern, except for StockFinder.   What gives?

Bruce_L
Posted : Friday, June 22, 2012 7:40:45 AM


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Joined: 10/7/2004
Posts: 65,138

You can right-click on the Fractal Dimension Indicator to view its RealCode. That said, part of the calculations are external to the RealCode. The following topic explores this external RealCode.

Fractal Dimension Indicator for Stockfinder 4



-Bruce
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