vtl script

FNCD indicator is calculated by applying fisher transformation on price. The indicator value is plotted as a histogram, like MACD indicator. However it is more responsive to price changes. The indicator can be used like other overbought oversold indicators like MACD, RSI etc. The histogram...

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...

Hello, Buzzer is a modification on moving average to identify trend direction. Normal moving average strategy is to buy when price is above moving average and sell when price is below moving average. However Buzzer works in a different manner. When the buzzer line is rising or flat after a...

Hello, I have converted the Advanced ADX Indicator to VertexFX client side VTL Script. Advanced ADX Indicator is a VTL client side script that provides better visual representation on ADX indicator. In traditional ADX Indicator, ADX indicates the trend strength and plus directional index...

Hello, I have converted the ATR Trailer Expert Adviser to VertexFX client side VTL Script. ATR Trailer is a client side VTL Expert Adviser. The EA opens a position when the EA is started on VertexFX client terminal. It then applies a stop loss based on ATR and ATR multiplier (default 3)...

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...

Hello I have converted the Ozymandias indicator to VertexFX VTL Script. Hope this is useful to VertesFX terminal Users. The Ozymandias indicator is a trend following indicator. It consists of a middle line and an upper band and lower band. In uptrend the middle line is blue and in downtrend...

Hi I have converted the smooth candle indicator to VertexFX VTL script. VtertexFX users may find it useful. Smooth Candle Indicator smooth out the candles with moving average of Open, High, Low, Close. This indicator can be used with other filters to confirm trend or can be used as a...