PROTECTED SOURCE SCRIPT
Updated CTG Vortex Oscillator
The CTG Vortex Oscillator is a refined technical indicator that normalizes the traditional Vortex Indicator to a 0-100 scale, providing clearer signals for trend identification and potential reversals. This oscillator features customizable sensitivity settings that adapt to different market conditions, along with a flexible signal line offering various moving average options (default: 6-period WMA). Optional short and long labels mark potential entry points. The indicator includes adaptive smoothing to reduce market noise while preserving functionality, making it an effective tool for both trend following and countertrend strategies across multiple timeframes.
Release Notes
Added the 50 hlineProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.