Fractal Dimension Indicator

The Fractal Dimension Index evaluates a rate of volatility presented in the market. Be aware that this tool is only measures two things: first is a presence of volatility (blue shades by default) and second is a presence of trend (red shades by default). Alright, once again it does not meant to tell about direction of trend only a power or its total absence. A threshold line is there to calibrate this tool for specific instrument. Use this indicator to filter your existing direction trend tool or play around with plenty available in the PTMC codebase