Volatility Channel Stop and Fiji BB Alert - VertexFX VTL Script

[edakad 10]

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.

 

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Volty-channel-stop-indicator.zip

[edakad 10]

Hello,

 

I have converted the Fiji BB Alert indicator from MQL to VertexFX VTL. Fiji Bollinger Bands Alerts is a bollinger bands based VTL Client side script. It plots bollinger bands on the chart and also red and yellow arrows where divergence between price and bollinger bands is picked by the indicator. Divergence are forewarning to trend reversal. Red arrows are plotted when there is a divergence between price and upper bollinger band, it indicates weakness in uptrend and trend reversal. Similarly the yellow arrows indicate weakness in downtrend and probability of upward move emerging.

 

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fiji-bb-alert.zip