INVITE-ONLY SCRIPT
Profitable Vortex Indicator Scanner
Actualizado
Introduction
The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman (Technical Analysis of Stocks & Commodities, V.28:1 (January, 2010): "The Vortex Indicator") to identify the start of a new trend or the continuation of an existing trend within financial markets.
It is composed of two lines, +VI and -VI. +VI represents up trending momentum and -VI represents down trending momentum.
The most basic strategy is to use the crossovers as trade signals:
What is this tool?
This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable period's setting for the indicator. It analyzes the range of periods between 2 to 100 and backtests the Vortex Indicator for each period using the strategy mentioned above across the entire history of an instrument.
Settings
Net Profit line is optional and can be hidden through settings.
Alerts
It has an alert that notifies when a more profitable period was detected.
NOTE: It does not change what has already been plotted.
Good luck!
The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman (Technical Analysis of Stocks & Commodities, V.28:1 (January, 2010): "The Vortex Indicator") to identify the start of a new trend or the continuation of an existing trend within financial markets.
It is composed of two lines, +VI and -VI. +VI represents up trending momentum and -VI represents down trending momentum.
The most basic strategy is to use the crossovers as trade signals:
- when +VI crosses above -VI, go Long
- when -VI crosses above +VI, go Short
- Exit when a crossover occurs in the opposite direction
What is this tool?
This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable period's setting for the indicator. It analyzes the range of periods between 2 to 100 and backtests the Vortex Indicator for each period using the strategy mentioned above across the entire history of an instrument.
Settings
Net Profit line is optional and can be hidden through settings.
Alerts
It has an alert that notifies when a more profitable period was detected.
NOTE: It does not change what has already been plotted.
Good luck!
Notas de prensa
- Now it uses "Early Switch" version of the algorithm
- Removed Net Profit line from script because it can be shown in the strategy backtester
- Made minor optimizations
Notas de prensa
- Made optimization fixes
Notas de prensa
- Update
Notas de prensa
- Security update
Notas de prensa
- Updated the main algorithm
- Updated the alert
- Optimized inputs
Script que requiere invitación
El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Para obtener más información, póngase en contacto con everget o siga las siguientes instrucciones del autor.
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Instrucciones del autor
″If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram
¿Quiere utilizar este script en un gráfico?
Advertencia: Por favor, leer antes de solicitar acceso.
Freelance -> Telegram: @alex_everget
A list of FREE indicators:
bit.ly/2S7EPuN
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A list of FREE indicators:
bit.ly/2S7EPuN
A list of PAID indicators:
bit.ly/33MA81f
Earn $15:
tradingview.com/pricing/?share_your_love=everget
Exención de responsabilidad
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