XPFE Indicator

XPFE Indicator

XPFE or Polarized Fractal Efficiency is an ideal trend identifier. It is accurate and easily distinguishes buy and sell signals.

Polarized Fractal Efficiency or XPFE has been around for almost three decades. Its formation is based on fractals, geometry and chaos theory. Basically, it determines how trendy the market is. When the PFE indicator is above the zero line, the market is in an uptrend, while the area below the zero line indicates a downtrend. If the value is close to zero, it means that the market is in a range. Whether you are a scalper or a long term trader, this indicator will serve you well.

You can use the indicator on any timeframe to trade any instrument.

How to use the XPFE indicator for MT5
The whole idea is to wait for the value to cross the zero line.

Buy when it crosses the zero line.
Sell when the value crosses the zero line.

Trading Example

The figure shows the movement of the cable price in a five-minute time interval. The indicator gives a sell signal when the value falls below the zero line. Notice how the price fell when the indicator fell into the negative zone. You should exit when the price returns to the positive zone.

Conclusion
XPFE is an ideal MT5 indicator for determining the market trend. It tells the direction of the market depending on the value of the indicator. When it is above the zero line, the currency pair is in an uptrend and the negative zone indicates a short position.