Vortex_Difference - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Oscillator VORTEX Difference displays the difference between +VI and -VI of the indicator Vortex in the form of a histogram.
In order for it to function correctly, the availability of the Vortex indicator is not required - the indicator calculates it independently.
It has one input parameter:
+VI = 100*svip/satr, -VI=100*svim/satr
Where:
svip = SMA(iVIP, period) svim = SMA(iVIM, period) satr = SMA(ATR, period) iVIP = Abs (highest price - previous lowest price) iVIM = Abs (low - previous high)
Figure 1. Indicator Eddy Current Difference
Figure 2. Indicators Vortex Difference and Vortex
Attachment download
📎 vortex_difference.mq5 (11.62 KB)
Source: MQL5 #21116
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