OPEN-SOURCE SCRIPT
Updated ADX of Vortex
How to Trade
> Rising ADX of Vortex from 10 to 15 is trend building area to be noticed.
> If ADX of Vortex is falling but above 10 and below 15 avoid trade in such case because even if signal is generated by cross over of Vi-Plus and VI-Minus it may not give good profit.
> Once the position is taken and Price is steady but ADX of Vortex is falling then keep eye on cross over of Vi-Plus and VI-Minus to exit from trade.
> ADX rising above 15 is strong trending signal.
> Rising ADX of Vortex from 10 to 15 is trend building area to be noticed.
> If ADX of Vortex is falling but above 10 and below 15 avoid trade in such case because even if signal is generated by cross over of Vi-Plus and VI-Minus it may not give good profit.
> Once the position is taken and Price is steady but ADX of Vortex is falling then keep eye on cross over of Vi-Plus and VI-Minus to exit from trade.
> ADX rising above 15 is strong trending signal.
Release Notes
Added Credits and UI, for better understanding
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.