Polarized Fractal Efficiency - PFE
Definition of 'Polarized Fractal Efficiency - PFE'A technical indicator developed by Hans Hannula that was invented to determine price efficiency over a user-defined time period. This indicator fluctuates between -100 and +100 with 0 as the center line. Securities with a PFE greater than zero are deemed to be trending up, while a reading of less than zero indicates the trend is down. |
|
Investopedia explains 'Polarized Fractal Efficiency - PFE'The strengh of the trend is measured by the position of the PFE relative to the zero line. As a general rule, the further the PFE value is away from zero, the stronger and more efficient the given trend is. A PFE value that fluctuates around the zero line could indicate that the supply and demand for the security are in balance and price may trade sideways. |
Related Definitions
Articles Of Interest
-
How To Build A Trading Indicator
Wondering how people like Elliott and Gann built their famous trading tools? Learn the basics of constructing an indicator. -
Market Breadth: A Directory Of Internal Indicators
Discover the indicators that measure the force of the bulls and bears, telling you what a simple price chart cannot. -
A Primer On The MACD
Learn to trade in the direction of short-term momentum. -
When To Short A Stock
Learn how to make money off failing shares. -
A Top-Down Approach To Investing
Use a global view to determine which stocks belong in your portfolio. -
Top 4 Most Scandalous Insider Trading Debacles
Here we look at some of the landmark incidents of insider trading. -
Market Summary for September 6, 2013
The major U.S. indices moved lower this week, after a lackluster jobs report sent shares lower on Friday morning. -
Market Summary for August 30, 2013
The major U.S. indices moved lower this week, but remain within long-term price channels. Traders should watch for breakouts or breakdowns from these price channels for the best opportunities. -
Market Summary for August 23, 2013
The major U.S. indices were mixed this week, with many of them lying at critical pivot points and support levels. -
4 Stocks, 4 Topping Patterns
Each of these four stocks has a different topping pattern potentially in play. The similarity is that if they decline much further a lot more selling could be forthcoming.
Free Annual Reports