Before revision:  The principal component of the related improvement is proper incorporation of the sign of fluctuations . We present a broad analysis of the model fractal stochastic processes as well as of the real-world signals and show that MFCCA is a robust tool and allows a reliable quantification of the cross-correlative structure of analyzed processes.
After revision:  The principal component of the related improvement is proper incorporation of the sign of fluctuations to their generalized moments. Furthermore, we present a broad analysis of the model fractal stochastic processes as well as of the real-world signals and show that MFCCA is a robust tool and allows a reliable quantification of the cross-correlative structure of analyzed processes.