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everget

Vortex Bands

everget Wizard Updated   
Bollinger Bands (BB) Trend Analysis Vortex Indicator (VI) bands vortexnegative vortexpositive
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bollingerbands trendanalysis vortex bands vortexnegative vortexpositive
A slighty modified version of Better Bollinger Bands. The idea of the experiment was to do a thing like the well-known Vortex Indicator, but an overlay:
snapshot

Obvious trading rules are:
  • go Long when the blue line is above other two
  • go Short when the orange line is above other two
  • stop when price crosses the basis line

The tool is EXPERIMENTAL. Good luck!
Release Notes:
  • Fix bar coloring
Freelance -> Telegram: @alex_everget

A list of Free indicators:
bit.ly/2S7EPuN

A list of Paid indicators:
bit.ly/33MA81f

Earn $30:
www.tradingview.com/gopro/?share_your_love=everget
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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