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Vortex Indicator for Ninjatrader 8

Vortex Ehanced

The Vortex Indicator is a technical analysis tool used in financial markets to identify the start of a new trend or the continuation of an existing trend. It was developed by Etienne Botes and Douglas Siepman in 2010 and is based on the work of J. Welles Wilder, who created the Average Directional Index (ADX). The Vortex Indicator focuses on the relationship between the highs and lows of prices to determine the strength and direction of a market trend.
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Manufacturer: nt8indicators
SKU: VORTEXE
Vendor: nt8Indicators
$9.90

The original Vortex Indicator consists of two lines:

  1. VI+ (Positive Vortex Movement): Tracks upward price movement.
  2. VI- (Negative Vortex Movement): Tracks downward price movement.

In the version it will show as an Histogram moving above and under a zero line. 

  • Uptrend: When the Vortex crosses above the zero line, it suggests that an upward trend might be starting or continuing.
  • Downtrend: When the Vortex line crosses below the zero line, it indicates the possibility of a downward trend.

 

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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.