Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
Search the Community
Showing results for tags 'vertexfx vtl script'.
Found 5 results
-
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
-
Hello, I have converted the AA+ indicator to VertexFX client side VTL Script. It is based on the alligator indicator. The AA+ indicator uses the alligator moving averages and price bars to find trend. It calculates the width between these moving averages and price bars, and quantifies the width. It then compares this value against a threshold level to identify trend reversals. The alligator moving averages are not plotted by AA+ indicator. However it plots a histogram for the quantified width between these moving averages, blue for uptrend and red for down trend. When the red histogram is above the threshold level, it is beginning of a down trend and when blue histogram is above threshold level, it is beginning of a new up trend. Hope this is useful to VertexFX terminal users. aa-indicator.zip
-
Hello, I have converted the Volatility Channel Stop indicator from MQL to VertexFX VTL. Hope this is useful to VertexFX platform users. Volatility Channel Stop is a stop and reverse type indicator. It draws a stop and reverse line, when the line is blue, market is in a up trend and the line is red, market is in a down trend. The red circle marks the trend reversal point for down trend and blue circle is the point at which trend reversed upward. More... Volty-channel-stop-indicator.zip -
Hello, I have converted the indicator from mql to VTL script for VertexFX trader. This is useful to VertexFX terminal users The i4-GoldenLion Trend Indicator marks candle in 4 different colors based on trend strength. Blue : Strong uptrend. This may be a forewarning to trend reversal is imminent. Cyan : Medium strength uptrend Red : Strong down trend. This may be a forewarning to trend reversal is imminent. Yellow : medium strength down trend The trend strength is calculated with Bolinger bands. Regards i-4-goldenlion-trend-indicator.zip
-
Hello, This is the xigxag mq4 conveted to VTL The XigXag indicator can be used for Elliot wave studies to identify waves. Another usage is in pattern detection. Check the AB = CD pattern identified in the image. The retracement levels are measured with the Fibonacci tool. http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/xigxag.html XigXag.zip