Author of the Idea: Neil, Code Developer: barabashkakvn.
Welcome to a deep dive into a trading system that leverages the signals from the Vortex Oscillator. This tool can be a game-changer for your trading strategy!
A Word from the Author:
The Vortex Oscillator is an Expert Advisor built around the Vortex Oscillator indicator, which is derived from the difference between the VI+ and VI- lines of the Vortex indicator. Visually, it's represented as a histogram that fluctuates around the zero line.
This system comes packed with features that set it apart from the Vortex Indicator System. When you disable all parameters, what you get is a straightforward reversal trading system: it closes long positions on sell signals while opening new short ones, and vice versa.
Included in the parameters are Stop Loss and Take Profit values tailored for both long and short positions. Plus, there's a separate threshold parameter for counting Vortex Oscillator signals. When these parameters are active, the system will close existing positions and hold off on opening new ones until fresh trading signals emerge.
I've run extensive tests on the code, and I can vouch for its functionality. However, it's crucial to note that this Expert Advisor does not guarantee profitability. It's merely a foundation for exploring the Vortex indicator as a trading tool. My initial tests revealed that the EA is not profitable in its current setup.
Backtest Results on USDJPY:
The following parameters were obtained:
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