Vortex – smoothed – indicator MetaTrader 5

Vortex - smoothed - indicator for MetaTrader 5
Vortex indicator (based on the article that was published in the January 2010 issue of TASC) with a smoothing option. Smoothing is done by filtering (smoothing) prices prior to vortex calculation in order to lessen the inevitable lag that comes with any smoothing. Also, TEMA (as a very “fast” and responsive average type) is used … Read more

Vortex – indicator MetaTrader 5

Vortex - indicator for MetaTrader 5
This indicator was developed by Etienne Botes and Douglas Siepman. Indicator Vortex consists of two oscillators that display positive and negative trend movements, similar to lines +DI and -DI of indicator Average Directional Movement Index. It has one input parameter: Period – indicator calculation period. Calculation: +VI = 100 * svip / satr, -VI = … Read more