Market / MetaTrader 4 / Indicators /

Vortex Trend Indicator

FREE

Published: 2 June 2017

Current version: 1.1

Vortex Trend Indicator

4.33

Indicators
Francesco Petralla
Version: 1.1
Updated: 24 March 2020

Developed by Etienne Botes and Douglas Siepman, the Vortex Indicator consists of two oscillators that capture positive and negative trend movement. In creating this indicator, Botes and Seipman drew on the work of Welles Wilder and Viktor Schauberger, who is considered the father of implosion technology. Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret.

A bullish signal triggers when the positive trend indicator (VI+ green line) crosses down up the negative trend indicator (VI- red line) or a key level. It's recommended to open a BUY STOP order on High level of the bar.
A bearish signal triggers when the negative trend indicator (VI- red line) crosses down up the positive trend indicator (VI+ green line) or a key level. It's recommended to open a SELL STOP order on Low level of the bar.

The Vortex Indicator is either above or below these levels, which means it always has a clear bullish or bearish bias. Better performance on H4 and D1 timeframes.

Parameters

period: default is 14.
VI_Plus: color for positive trend line (VI+).
VI_Minus: color for negative trend line (VI-).

more...

2911

Makarios Yacoubian 2020.03.30 09:24 #

USING AT H1-H4 AFTER CHANGED THE PERIOD FROM 14 TO 28 , GOOD TOOL . THANK YOU

8902

sunnychow 2018.11.14 15:09 #

Good tools, Thank you for share.

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Ron Devito 2021.02.13 14:48 #

It takes a long time for this indicator to load on the chart, but once it's there, the Vortex will accurately indicate trend and strength. Generally you enter on a Vortex indication of 1.10 or higher and exit when it tops out or starts to hook down. It would be nice if this Vortex indicator had a levels setting so lines could pass through the 1.10 and .9 levels.

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Makarios Yacoubian 2020.03.30 09:24 #

USING AT H1-H4 AFTER CHANGED THE PERIOD FROM 14 TO 28 , GOOD TOOL . THANK YOU

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Aravind Kolanupaka 2019.11.10 22:19 #

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5762

Tim Eubanks 2019.01.27 12:43 #

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6636

Shaheen Hassanali 2018.12.03 16:30 #

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8902

sunnychow 2018.11.14 15:09 #

Good tools, Thank you for share.

1345

AirOne1 2018.08.16 05:13 #

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Version 1.1 2020.03.24

Upgrade to last compiler