VortexIndicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author:
This trend indicator is featured in the article "Vortex Indicator" in the January issue of Technical Analysis of Stocks and Commodities (2010).
This indicator and its trading concept are described in detail in the reference article.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on January 4, 2010.
Figure 1 VortexIndicator indicator.
Attachment download
📎 vortexindicator.mq5 (7.84 KB)
Source: MQL5 #1228
VortexIndicator - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
VortexIndicator - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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