Volatility Channel Stop and Fiji BB Alert - VertexFx VTL Scripts

Discussion in 'Forex' started by edakad, Dec 20, 2014.

  1. edakad

    edakad

    Hello,

    I have converted the Volatility Channel Stop indicator from MQL to VertexFX VTL. Hope this

    is useful to VertexFX platform users. Volatility Channel Stop is a stop and reverse type

    indicator. It draws a stop and reverse line, when the line is blue, market is in a up trend

    and the line is red, market is in a down trend. The red circle marks the trend reversal

    point for down trend and blue circle is the point at which trend reversed upward.

    More...

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  2. edakad

    edakad

    Hello,

    I have converted the Fiji BB Alert indicator from MQL to VertexFX VTL. Fiji Bollinger Bands

    Alerts is a bollinger bands based VTL Client side script. It plots bollinger bands on the

    chart and also red and yellow arrows where divergence between price and bollinger bands is

    picked by the indicator. Divergence are forewarning to trend reversal. Red arrows are plotted

    when there is a divergence between price and upper bollinger band, it indicates weakness in

    uptrend and trend reversal. Similarly the yellow arrows indicate weakness in downtrend and

    probability of upward move emerging.

    More.....

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