Introduction to the Vortex Indicator
The Vortex Indicator was first introduced by Etienne Botes and Douglas Siepman in their book “Technical Analysis of Stocks & Commodities”.
It was intended to be a reversal signal indicator that could help traders identify potential trend reversals objectively.
What is the Vortex Indicator?
The Vortex Indicator is a trend reversal indicator which can be used as a reversal signal. It indicates trends and trend reversals by plotting two lines – an uptrend line (VI+) and a downtrend line (VI-).
Trend reversal signals can be confirmed based on how these two lines interact.
How the Vortex Indicator Works?
The Vortex Indicator begins its computation by finding the True Range of price. This could either be the distance of the current high and current low, current high and previous close, or current low and previous close, whichever is higher.
It also takes the distance between the current high and prior low as the measure for the uptrend (VM+), and the distance of the current low and the prior high as the measure for the downtrend (VM-).
It then sums up its measurement of the True Range, its measure of the uptrend, as well as its measure of the downtrend.
It then plots the VI+ line by dividing the sum of the uptrend (VM+) over the True Range. It also plots the VI- line by dividing the sum of the downtrend measure (VM-) over the True Range.
This indicator plots a green line to represent the VI+ line, and a red line to represent the VI- umugqa.
How to Use the Vortex Indicator for MT4
The Vortex Indicator provides trend reversal signals based on the crossing over of the VI+ and VI- imigqa.
A bullish trend reversal would trigger the VI+ line to cross above the VI- line coming from below. Ngokuphambene, a bearish trend reversal would trigger the VI+ line to cross below the VI- line coming from above.
These crossovers between the two lines can be used as the main crossover signal. Noma kunjalo, it is better used as a confirmation of a trend reversal in confluence of other price action or indicator-based trend reversal setups.
Thenga ukusethwa kwezohwebo
Ungena nini?
Identify a downtrend market with a clear diagonal resistance trendline. Wait for price to break above the resistance line. Enter a buy trade order only if the VI+ line crosses above the VI- line confirming the bullish reversal. Setha ukulahleka kokuma ekusekelweni ngezansi kwekhandlela lokungena.
Uphuma Nini?
Close the trade as the VI+ line crosses below the VI- umugqa.
Thengisa ukusethwa kwezohwebo
Ungena nini?
Identify an uptrend market with a clear diagonal support trendline. Wait for price to break below the support line. Enter a sell trade order only if the VI+ line crosses below the VI- line confirming the bearish reversal. Setha ukulahleka kokuma ekumelaneni ngenhla kwekhandlela lokungena.
Uphuma Nini?
Close the trade as the VI+ line crosses above the VI- umugqa.
Isiphetho
This indicator has the potential to produce excellent trend reversal signals. Noma kunjalo, as a standalone indicator it could still be susceptible to false signals especially on choppy markets.
Context is key when using this indicator. The signals it produces tend to work best merely as a confirmation of a reversal which in confluence with a reversal trade setup.
Izinkomba ze-MT4 – Landa Imiyalo
Vortex Indicator for MT4 is a Metatrader 4 (MT4) inkomba kanye nengqikithi yale nkomba yezobuchwepheshe ukuguqula idatha yomlando onqwabelene.
Vortex Indicator for MT4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Ngokusekelwe kulolu lwazi, abathengisi bangathatha ukunyakaza kwentengo okuqhubekayo futhi balungise isu labo ngokufanele. Chofoza lapha ukuthola amasu e-MT4
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How to install Vortex Indicator for MT4.mq4?
- Download Vortex Indicator for MT4.mq4
- Copy Vortex Indicator for MT4.mq4 to your Metatrader Directory / ochwepheshe / izinkomba /
- Qala noma qala kabusha i-Metatrader yakho 4 Iklayenti
- Khetha Ishadi nesikhathi esibekiwe lapho ufuna ukuhlola khona izinkomba zakho ze-MT4
- Sesha “Izinkomba Zokwezifiso” ku-Navigator yakho ikakhulu kwesobunxele ku-Metatrader yakho 4 Iklayenti
- Right click on Vortex Indicator for MT4.mq4
- Namathisela eshadini
- Shintsha izilungiselelo noma cindezela ok
- Indicator Vortex Indicator for MT4.mq4 is available on your Chart
How to remove Vortex Indicator for MT4.mq4 from your Metatrader Chart?
- Khetha Ishadi lapho i-Indicator isebenza ku-Metatrader yakho 4 Iklayenti
- Qhafaza kwesokudla kuShadi
- “Uhlu lwezinkomba”
- Khetha inkomba bese ususa
Vortex Inkomba MT4 (U-downloader mahhala)
Chofoza lapha ngezansi ukulanda:
