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Graal Cross is a server side VTL expert adviser. The EA is based on exponential moving average cross over and momentum at the time of EMA cross over. The momentum filter eliminates many false cross overs or whip saws associated with normal EMA cross over strategies. The trading system rules are: 1 Buy when fast EMA cross above slow EMA and momentum is positive. 2 Sell when fast EMA cross below slow EMA and momentum is negative. 3 Apply a stop loss and take profit to open positions. The fast EMA period, slow EMA period, and momentum period is defined by the parameters of the expert adviser. The momentum filter is further enhanced by a minimum value above or below zero level defined by the parameter momentum filter. Default stop loss is 20 pips and target is 200 pips. All these parameters can be changed in the VTL editor before running the EA on the server. The parameters are located at the top of the script. Parameters are documented in the script file for quick reference. To run the EA on server, open the script in VTL editor and click on the Run button. This will save the EA on the server and start the EA on the server. This is a unique feature available in VertexFX, the client can close the client terminal and the EA will continue to run on the server. Graal_Cross.zip

Hello, e-TurboFX is a server side VTL expert adviser. It runs on the server auto trading, irrespective of the client terminal is open or client is connected to the server. This is a nice feature available in VertexFX. The expert adviser trades strong upward or downward moves emerging in the candle chart. When a strong directional move is emerging in candle chart, price move is likely to continue in that direction. The EA is designed to take advantage of this. An upward move emerging in candle chart is identified by the candle pattern where three green candles are formed successively, with increasing upward momentum in each candle. Emerging downward price move is identified by the candle pattern where three red candles are formed with increased downward momentum is formed. The trading system rules are 1 Buy when three green candles are formed (open of the candle is below the close of the candle) with each candle having increased momentum (Open Close range of each candle is increasing) 2 Sell when three red candles are formed (open of the candle is above the close of the candle) with each candle having increased momentum (Open close range of each candle is increasing) 3 Close open position on fixed stop loss or target The EA can be customized through the parameters. Parameters are located at the top of the script. Open the EA in VTL editor and the parameters can be modified in the Editor. Parameter “N” decides the number of candles to check for the candle pattern. “Stop Loss” and “Take profit” defines the stop loss and take profit levels in pips. The lot size and the symbol to auto trade are defined by the parameters “Lot” and “Symbol”. Parameter “Chart period” determines the candle chart time frame to use. e-TurboFx.zip

Candles Ratio is a Client Side VertexFX VTL indicator. Candles Ratio indicator plots the ratio of the candle body for the last 20 bars. The ratio is calculated by taking the open close relationship of candles. The up close candle body sizes are summed for the last 20 bars and also the down candle body sizes are summed for the last 20 bars. Then the sum of the body size of up candles is divided by the sum of the body size of down candles to get the candles ratio indicator. The indicator is plotted as line below the candle chart. The Candles ratio indicator shows the underlying trend in the market. If the indicator is rising and above 1, most of the candles are closing above its open indicating an upward bias in price move. Lower values below 1 indicates most of the candles are closing below the open and down trend is in force. The indicator is very helpful in anticipating breakout from consolidation. If the indicator is above 1, an upward breakout is expected. If the indicator is below 1, a downward breakout from consolidation is expected. The candle ratio range (default 20) can be customized through the parameter “period CN”. Candles_ratio_indicator.zip

ATR VTLS is a VertexFX client side VTL indicator. It is similar to the Average True Range Indicator (ATR), but it splits the true range of a bar into bullish and bearish ranges. The bullish range is calculated by taking the difference between high and open of the bar. Bearish range is calculated as the difference between open and low of a bar. Then it calculates the bullish and bearish Average True Range and plots the bullish ATR as green line and bearish ATR as red line. ATR is a measure of underlying volatility in the market. Bullish ATR line shows the volatility of upward price moves and Bearish ATR line shows the volatility of downward price moves. ATR is used to place stop loss and take profit levels. When volatility is higher, wider stop loss and take profit must be used. However the ATR VTLS indicator splits the volatility into bullish and bearish volatility. Thus the trader gets a better understanding of the volatility conditions for upward and downward price moves and improve the stop loss and take profit levels further. When a buy trade is opened and bullish volatility is higher than bearish volatility, trader can place comparatively large take profit level than the stop loss level. Similarly when the bearish volatility is higher than bullish volatility, for a buy trade, comparatively larger stop loss should be used. With ATR VTLS indicator, trader can avoid such low risk reward ratio trades. The indicator can be customized through the parameters. ATR period determines the range to calculate the bullish and bearish ATR. With "show Bull" and "show Bear" parameters, the display of bullish and bearish ATR can be switched on or off. To change parameters, open the VTL script in VTL editor by double clicking the indicator name and modify the parameters located at the top of the script. Save, compile and attach the indicator again to chart for the modified parameters to take effect. atr_vtl_indicator.txt

ATR DarMA is a client side VTL indicator. It plots the Average True Range (ATR) as a line and a moving average of the ATR. ATR is a volatility measure. It is primarily used for stop loss placement and take profit levels. High value of ATR indicates high volatility and low ATR value indicates lower volatility in the market. When the volatility is high, wider stop losses should be used. In low volatility situations tight stop loss can be used. The take profit levels can be adjusted to the levels of volatility in the market. ATR DarMA indicator applies a moving average to the ATR indicator, showing clearly ATR value is at higher levels or lower levels. The indicator plots two lines, the teal color line is the ATR and the red color line is the moving average of ATR. ATR avove its moving average indicates higher volatility in the underlying instrument and trader is advised to use wider stop loss as well as wider take profit levels. ATR below its moving average indicates low volatility market conditions and trader can use tight stop loss. Thus ATR DarMA indicator helps the trader to easily grasp the underlying volatility condition in the market. This indicator does not generate trading signals, it shows the volatility in the market. The ATR DarMA indicator can be customized through the parameters. "ATR Period" determines the period parameter of ATR indicator. "Signal Line Period" specifies the moving average period for ATR signal line. "Signal Line Shift" parameter determines the moving average's displacement. "Signal Line MA Method" specifies the moving average type to be used for signal line, it can be Simple Moving Average, EMA, Time series MA or Variable MA. atr_darma.txt

Hello Spyker is a VertexFX client cide VTL Indicator, that identifies sudden price jumps or spike bars in a chart. The price spikes happens usually at the end of trends or on breakout price moves. The silver color indicator line plots the price spikes of each bar. When the indicator sharply jumps to an extreme level above zero, an upward spike bar is identified. When the indicator falls sharply below the zero level, a downward spike bar is identified. Extreme readings in the indicator picks the spike bars. The golden colored line is the average of the spike range of each bar, and it can be used as middle line to identify upward and downward price jumps. Spike bars can be used in conjunction with other indicators or support/resistance levels to form trading strategies. In the chart, price breaks resistance level with a spike bar. However after breakout, price fails to trade above the spike bar. This is a clear indication that the breakout is failing. Spike bars can be used similarly in developing trading strategies. spyker_indicator.TXT

Hello, Stochastic Momentum Index (SMI) is a more refined version of the stochastic oscillator. It uses a wider range of values for the oscillator calculation and have higher sensitivity to closing prices. SMI calculates the distance of the current closing price as it relates to the median of the high/low range of price. SMI oscillates between the range +100 and -100. The SMI is primarily used to identify overbought or oversold market conditions in the market. When SMI value reaches extreme levels, the market is usually in overbought or oversold condition. It can also be used a general trend indicator, values above 40 as indicative of a bullish trend and negative values greater than -40 as showing a bearish trend. Divergence between SMI and Price as price makes new high or low can be used as a forewarning to trend reversal. The SMI indicator can be customized through the parameters, SMI period and smoothing period. Like the stochastic oscillator, SMI has 2 periods, Period Q and period R, similar to %k and %D of the stochastic oscillator. smi_indicator.zip

Hello, Correlation ratio (corr indicator) measures the most recent price movement against price movement in the same period in the historical data.It compares price move in last few price bars defined by the parameter "corrLen" against the historical data and plots the correlation ratio. Correlation ratio values falls within the range zero to one. Extreme values in the correlation ratio indicates significant deviation from usual price moves in the asset. It is a statistical measure, not a technical indicator. However in trading, when correlation ratio reaches an extreme level, price reversal or consolidation is anticipated. Deviations from normal price behavior indicates an overbought or oversold market condition. Thus it can be used for counter trend trading and profit booking. It works well in conjunction with other technical indicators. corr_indicator.zip

Hello, Moving Average Sample Expert Adviser is a server side VTL expert Adviser. The EA demonstrates the position sizing and trading system coding in VertexFX VTL. The EA open Buy position when price close above a 12 period moving average displaced by 6 bars. It closes Buy position and open sell position when the price close below the displaced moving average. The position size is two percent of the capital available. This EA demonstrates how to develop a trading system with server side VTL. When a buy signal comes, the EA checks if there is an open Buy position and if it finds an open Buy position then it avoids pyramiding trades. If there is no open buy position it open a new buy position. Thus it avoids opening multiple positions in the same direction. It works similarly for sell positions also. A key factor in trading seysem development is position sizing. The EA demonstrates how to effectively open positions risking only 2% of the account capital. The EA demonstrates how to comunicate with the end user regarding new trades and errors happening when the EA is auto trading. This can be used as a frame work for developing trading systems using server side VTL. Moving_Average.zip

Hello, Forex Profit System is a Server Side VertexFX Expert Adviser. The EA is based on three exponential moving averages and the parabolic stop and reverse indicator. The trading system rules are: 1. Buy when the ten period exponential moving average cross above 50 period exponential moving average and ten period exponential moving average is above 25 period exponential moving average and stop and reverse is in buy mode. 2. Sell when EMA 10 cross below EMA 50 and EMA 10 is below EMA 25 and SAR is in sell mode. 4. Exit the trade when either fixed stop-loss, trailing stop loss or fixed target is hit. 5. Exit buy when trade makes 10 pip profit and EMA 10 is declining. Exit sell when trade make 5 pip profit and EMA 10 is rising. The EA manages the trade well. It locks in profit with trailing stop loss as well as exit from trades when it finds the market conditions are not favorable as the ten period EMA begins to move in opposite direction. Before running the EA on server, set the parameter values at the top of the script file. Specify the symbol to trade in the "Symbol" parameter, chart time frame in "Chart Period" and other parameters like target, stop-loss etc. The EA runs on the server even if the trading terminal is closed on the local machine. Forex_Profit_System.zip

Hello, Bunny Cross EA is a Server Side VertexFX Expert Adviser. Bunny cross is based on two moving average cross over each other or touch one moving average and reverse. When a cross over or touch and reverse happens, the EA opens positions in accordance with the trend direction. The trading system rules are: 1. Buy when fast moving average is above slow moving average and fast moving average one bar back is below slow moving average. 2. Sell when fast moving average is below slow moving average and fast moving average one bar back is above the slow moving average. 3. Close position when the reverse trade happens in next 3 bars after position open. Thus the EA trades moving average cross over as well as fast moving average touching the slow moving average and then moves away from it. The fast moving average is a five period weighted moving average and slow moving average is a twenty period weighted moving average. The EA does not manage positions after three bars of opening a trade. So the position must be managed manually or managed with the auto stop loss and take profit server side expert adviser available at vStore. Before starting the EA on the server, set the parameters with appropriate values. Parameter "Symbols" determines the symbol to trade. "Lot" specifies the lost size for each trade and parameter "Chart Period" picks the chart timeframe to trade. The EA runs on the broker's server auto trading even if the trading terminal is closed on the client machine. Bunny_Cross_System.zip

Hello, Real Value Indicator is a VertexFX Client Side VTL indicator. It is similar to moving averages, and shows the real market movement. It does not respond as quickly as moving averages does to price spikes and rapid price movements. Thus Real Value Indicator eliminates many whipsaws associated with moving average cross over strategies. It is a good trend following indicator for overall market trend. The red line plotted on chart is the real value indicator. It similar to a moving average. However it is more reliable as it captures the trend more effectively filtering false price moves. Buy position can be opened when the price trades above the indicator line. Sell position can be opened when price trades below the indicator line. The indicator can be customize through the parameters. "Alpha" and "Variation" is the smoothing factors for the indicator calculation and Period is the number of bars to calculate the indicator. real-value-indicator.zip

Hello, EMA 5 8 Crossover Alert is a client side Alert. It uses two short term moving averages to alert short term trend changes. The fast moving average is of five period exponential moving average and the second moving average is an eight period exponential moving average. When the fast EMA cross above the medium EMA, a buy alert is triggered and When the fast EMA cross below the medium term EMA, a sell alert is triggered. The indicator plots these two moving averages and a long term moving average for medium term trend detection. The red line in chart is the fast moving average, teal color line is the medium term moving average and the yellow colored line is comparatively a long term EMA. Price above the yellow line indicates up trend and price below the yellow line indicate down trend. Buy alerts above yellow line can be used to open long position and sell alert below yellow line can be used to open short position. Red down arrow represents a sell alert and green up arrow represents a buy alert. The alerts are triggered with a pop up message and sound when the cross over happens. ema_58_crossover_alert.zip

Hello, Three SMA Cross Over is a client side vertexFX expert Adviser. The EA is based on three simple moving averages, fast, medium and slow. The EA open buy positions in a medium term up trend and sell position in a medium term down trend. The trend direction is determined by the slow and medium term moving averages. When medium term SMA is above slow SMA, the trend direction is up and and when the medium term SMA is below slow SMA, the trend direction is down. The trades are triggered by the short term trend changes in an underlying medium term up or down trend. The short term trend changes are determined by the cross over between fast and medium term SMA. The trading system rules are: Buy when medium term SMA is above slow SMA and the fast SMA cross above the medium term SMA. Close the buy position when the fast SMA cross below the medium term SMA. Sell when the medium term SMA is below slow SMA and fast SMA cross below medium term SMA. Close the sell position when the slow SMA cross above the medium term SMA. To avoid choppy moving average cross overs, a cross over offset can be set in the parameter "SMA Spread". This stipulate a minimum distance for a valid cross over between the moving averages. The fast, slow and medium term moving average periods can be defined in the parameters. The lot size to trade, and a stop loss can also be defined in the parameters. 3SMA EA.zip

Time Trader is a Server Side VTL Expert Adviser. The EA Opens a trade at the time specified. Markets may be highly volatile at some times during the trading day such as important news release time, London or US session open. Because of the high volatility, opening trades amnually at such times may be less efficient as price move very quickly and by the time the order details are entered into terminal, price may have significantly moved. Speed of execution is critically important in these situations. The time trader EA is a useful tool at such times. Time trader runs on the server and open positions at the specified time without any latency as it is running on the server. Enter the time to open the trade into the parameters of the EA, the time can be specified in Hour, minute, seconds format. Also the user can configure the EA to open a buy position or sell position or both at the same time. The EA applies stop loss and take profit specified by the user. Thus the EA can be used to open market neutral trade at important news release time. For a market neutral trade, open both buy and sell at the same time and apply a small stop loss and large target. One trade stops out, but the other trades make sufficient profit to end up with a net profit on both trades due to the big moves present at important news release time. In case the trader has got a directional bias, EA can open Buy or Sell position as specified in the parameters of the EA. TimeTrader.zip

Hello, The trailing stop loss server side EA applies a trailing stop loss to a selected position. The position to apply the trailing stop loss is selected by the ticket number entered into parameter ticket of open position. TrailingStop.zip

Smoothing Average is a client side VTL Expert Adviser. The EA is based on one moving average and the entry and exit levels are determined by a Smoothing factor. smoothing factor is a percentage of current price, when price is above the moving average by the smoothing factor, buy position is opened. When price is below the moving average by smoothing factor, sell position is opened. The EA has the ability to apply a stop loss and take profit also on positions opened. SmoothingAverage.zip

Hello, Internal Bar Strength Oscillator (IBS Oscillator) is a client side VertexFX VTL script. It is calculated as moving average of (High-Low)/(Close-Low) * 100 and plotted as an oscillator. IBS Oscillator is similar to other oscillators like stochastic and RSI. It is used to find oversold and overbought market conditions. IBS value above 60 level signals overbought market conditions and consolidation or trend reversal is likely to follow. Oscillator value below 40 indicates oversold market condition and consolidation or trend reversal is likely to follow. IBS Oscillator can be used for divergence trading also. Divergence between price and the IBS oscillator as the market makes new high or low is an indication that the prevailing trend is losing momentum and trend reversal may follow. It can be used as a stand alone indicator to trade reversals or can be used as a confirmatory indicator together with other indicators. The Oscillator levels 40 and 60 is marked by the horizontal lines in the oscillator pane. The IBS oscillator can be customized with the parameter "Per", the moving average period. ibs.zip

Hello, Price Action is a server side VTL Script expert adviser. Price Action EA is not based on indicators or patterns. At major news release, markets are highly volatile and makes rapid trend moves. The Price Action EA is designed to take advantage of this kind of volatility in the markets. EA opens a trade, applies a stop loss and open a reverse trade if the stop loss is hit. Around a major news release market may move in both direction, but eventually picks a direction and makes a big price wave. Run the EA after a major news release, it will take advantage of the volatility at such times. PriceAction.zip

The Server Side EA removes all stop loss and take profit with open positions. It removes stop and take profit only once on start up of the expert adviser and then it remains idle. In effect the removal of stop loss and take profit happens when the E A is started and later stop loss and take profit entered in the trading terminal is not removed by the E A. It can be used to remove stop loss and take profit on your open positions instantly, especially when there is a lot of open positions. This is a handy tool to remove all stop loss and take profit instantly, when managing each order manually is difficult. CearAllSLnTP.zip

The Stochastic cycle indicator shows the turning points in the stochastic indicator. This is useful for identifying divergence between the indicator and price. The indicator plots the standard stochastic oscillator and marks the upward turning points with green dots and downward turning points with red dots. This gives added visual advantage while viewing the stochastic indicator. The indicator can be customized to show how many bars to display the indicator in chart. Stochastic oscillator is used to identify overbought/oversold market conditions. It is also used to trade divergence between oscillator and price. The stochastic cycle indicator provides better visual representation with the dots marking the turning points. Usually values above 70 is considered as overbought. When a red dot appears above 70, the interpretation is that the upward move is losing momentum. When it is below 30 and green dot appears, the down move is losing momentum. A divergence trade example is marked in the chart. StochasticCycle.zip

SSL Channel Alert is a client side VTL Script. SSL Channel is calculated as moving average of highs and lows of the bar. This can be used for breakout trading. The green line above red line indicates bullish market. In bearish market, the green line is below red line. Red line can be used as stop loss. A buy is triggered when green line crosses above red line and sell is triggered when green line crosses below red line. In trending markets the indicator generates good signals, but in sideways market it may trigger choppy signals. The indicator triggers an alert when trend change is identified. Indicator can be customized through parameters. Open the VTL script in VTL editor and change the parameter values at the top of the script. Parameters are marked and commented properly for ease of use. This is a client side VTL Script for VertexFX Terminal ssl_channel_chart_alert.zip

The alligator indicator consists of three displaced moving averages. They are called the alligator jaws, (blue line), teeth, red line and lips, green line. The jaws is 13 period moving average displaced by 8 bars forward, teeth is 8 period moving average displaced by 5 bars and lips is 5 period moving average displaced by 3 bars. The alligator is a metaphor. When the three moving averages are entwined, the alligator is sleeping. This indicates a flat market. A trend begins when the alligator wakes up, that is, when the moving averages moves away, or widens. The green line moves fast followed by the red line and finally the blue line. This is the beginning of a trend. Better trades can be opened when a trend is identified. Open buy position when the alligator lines start widening and trend direction is bullish. Open short positions when trend direction is bearish and alligator lines begin widening. Normally the alligator indicator uses the default periods and displacements. However the indicator can be customized through the parameters located at the top of the script. To modify parameters, open the script in VTL editor by double clicking on the indicator name in Navigator and change the parameter values. The parameters are marked separately in the VTL script and properly commented. Alligator.zip

Alternative Ichimoku is an alternative to the famous indicator Ichimoku Cloud. The main difference between Ichimoku Kinko Hyo and Alternative Ichomku is the shorter periods for the indicator. The main components of Alternative Ichomku are the cloud (area between thick lines) and the trigger line (blue line). The cloud is useful in identifying trend. When price trades above the Cloud, trend is up or bullish and when price trades below cloud trend is down or bearish. When price breaks through the cloud from below, it is beginning of an up trend and when cloud is broken downward from above the cloud, it is the beginning of a down trend. Price trading within the cloud indicates a sideways trend. The cloud acts as support resistance zone. When price is entering the cloud from below, it acts as resistance and when price falls into the cloud from above, it acts as support. The blue line is called the trigger line. This line can be used as stop loss for open trades. Also price crossing above or below this line marks the possibility of a trend change. The indicator also displays useful info on the chart like volatiliy, trading range for the last days etc. This is helpful in setting targets. This comment box can be dragged to any place on chart. AlternativeIchimoku.zip

The Ichimoku Cloud indicator, known as "Ichimoku Kinko Hyo" or one look equilibrium chart is useful in identifying high probability trades. The Ichimoku chart consists of three lines (the red, blue and green line in chart) and a cloud. The red line is called Tenkan Sen or conversion line and the blue line is called Kijun Sen or base line. The green line is called Chikou Span or lagging span. The cloud is the area between the two thick lines. These lines are called Senkou Span A,(pink line) and senkou Span B (steel blue line). The most important component of this indicator is the Ichimoku Cloud. The cloud behaves just like a normal support and resistance. However unlike normal support and resistance, the cloud offers a zone as support or resistance. The width of the cloud is related to underlying volatility in the currency. Breakout through the cloud indicates a good trading opportunity in the direction of the breakout. Interpreting the Ichimoku chart. Strong Signals A strong buy signal occurs when the Tenkan-Sen (red line) crosses above the Kijun-Sen (blue line) from below. A strong sell signal occurs when the opposite occurs. The signals must be above cloud for a buy and below the cloud for a sell. Normal Signals A normal buy signal occurs when the Tenkan-Sen (red line) crosses above the Kijun-Sen (blue line) from below. A normal sell signal occurs when the opposite occurs. The signals must be within the cloud. Weak Signals A weak buy signal occurs when the Tenkan-Sen crosses above the Kijun-Sen from below. A weak sell signal occurs when the opposite occurs. The signals must be below the cloud for a buy and above the cloud for a sell. Support/Resistance Levels Support and resistance levels are represented by the presence of the cloud. If the price is entering the cloud from below, then the price is at a resistance level. If the price is falling into the cloud, then there is a support level. Trends Trends can be determined by simply looking at where the current price is in relation to the cloud. If the price stays below the cloud, then there is a downward trend (bearish); if the price stays above the cloud, then there is an upward trend (bullish). It may look complex at first sight but when the chart is broken down into components, even novice traders find the application easy and useful. ICHIMOKU.zip