Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Vortex_Difference - indicator for MetaTrader 5
- Views:
- 3879
- Rating:
- Published:
- 2018.07.09 13:49
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Oscillator VORTEX difference displays as a histogram the difference between +VI and -VI of indicator Vortex.
For it to operate correctly, the availability of indicator Vortex is not required - the indicator calculates it independently.
It has one input parameter:
- Period - Vortex indicator calculation period.
Calculation:
Diff = +VI - (-VI)
where:
+VI = 100 * svip / satr, -VI = 100 * svim / satr
where:
svip = SMA(iVIP, Period) svim = SMA(iVIM, Period) satr = SMA(ATR, Period) iVIP = Abs(High - PrevLow) iVIM = Abs(Low - PrevHigh)
Fig 1. Indicator Vortex difference
Fig. 2. Indicators Vortex Difference and Vortex
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21116
Exp_CaudateXPeriodCandle_Tm_Plus
A trading system based on the signals of indicator CaudateXPeriodCandle, enabling to maintain your positions within a fixed period of time.
Exp_XPeriodCandleA trading system based on the signals of indicator XPeriodCandle.