Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Trading Platforms
Other Trading Platforms
All in one Mirror VertexFX Indicator
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="OmSaiTech, post: 192738, member: 35060"] All In One Mirror (AIO Mirror) indicator is an innovative VertexFX indicator based on the popular MACD, RSI, CCI and Stochastic indicators. The All-In-One Mirror indicator allows the user to choose from the four popular indicators, namely, MACD, RSI, CCI and Stochastic. It calculates the base (primary) indicator, its mirror image and the signal indicator. By using a mirror indicator which is derived as a geometrical complement of the base indicator, the All-In-One Mirror identifies excellent trading opportunities with minimal lag. The MACD, RSI, CCI and Stochastic by themselves although powerful, do not present a complete picture of the trend and often have lag. By using their mirror indicator, the All-In-One Mirror indicator attempts to eliminate this lag and provide quicker response to trend reversals. Likewise, in case of RSI or Stochastic, it does not depend on fixed thresholds, for example of 30/70, but rather these threshold levels are dynamically calculated based on the mirror and the signal indicator thus making it more adaptive and less prone to lag. The base indicator is displayed in red; its mirror indicator is displayed in blue and the signal indicator is displayed in yellow. The formula for calculating the base indicator, its mirror and the signal indicator are described below for each mode. a) MACD Mode – In the MACD mode, the base indicator is calculated by subtracting the simple moving average of the Open price from the simple moving average of Close price over INDICATOR_PERIOD. The mirror indicator is calculated by subtracting the simple moving average of the Close price from the simple moving average of its Open price over the same period. The signal indicator is calculated as the simple moving average of the base indicator. b) RSI Mode – The base indicator is calculated by subtracting 50 from the RSI indicator with the INDICATOR_PERIOD. The mirror indicator is calculated by subtracting the RSI indicator from 50. The signal indicator is calculated by subtracting 50 from the simple moving average of the RSI indicator. c) CCI Mode – The base indicator is calculated as the CCI indicator with the INDICATOR_PERIOD. The mirror indicator is the negative value of the base indicator. The signal indicator is the simple moving average of the base indicator calculated over the SIGNAL_PERIOD. d) Stochastic Mode – The Stochastic indicator with INDICATOR_PERIOD and periods of 3 and 3 for %K and %D periods respectively is calculated first. The base indicator is derived by subtracting 50 from this Stochastic indicator. The mirror indicator is calculated by subtracting the Stochastic indicator from 50. Therefore, both the base and mirror indicators are exactly identical and on the opposite side of the zero line. Finally, the signal indicator is calculated as the stochastic signal line using the SIGNAL_PERIOD. [URL]https://www.hybridsolutions.com/plugins/client-vtl-plugins/free/all-in-one.html[/URL] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…