INVITE-ONLY SCRIPT
vortex indicator (lirshah)
Updated
the Vortex Indicator consists of two oscillators that capture positive and negative trend movement.
Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret.
A bullish signal triggers when the positive trend indicator crosses above the negative trend indicator or a key level. A bearish signal triggers when the negative trend indicator crosses above the positive trend indicator or a key level. The Vortex Indicator is either above or below these levels, which means it always has a clear bullish or bearish bias.
Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret.
A bullish signal triggers when the positive trend indicator crosses above the negative trend indicator or a key level. A bearish signal triggers when the negative trend indicator crosses above the positive trend indicator or a key level. The Vortex Indicator is either above or below these levels, which means it always has a clear bullish or bearish bias.
Release Notes
V1.1, decrease indicator congestionInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Lirshah for more information, or follow the author's instructions below.
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Author's instructions
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