Author Credits: The brain behind this idea is Neil, while the mastermind behind the mq5 code is barabashkakvn.
This trading system leverages signals from the Vortex indicator.
A Note from the Author:
In the January 2010 issue of the "Technical Analysis of Stocks & Commodities" magazine, the article titled "The Vortex Indicator" introduced a trading concept that revolves around a reversible system. The key entry filter is simple: you only make a buy or sell move when there's a breakout of the High/Low of the bars where the Vortex lines intersect.
When the VI+ crosses above the VI-, it's a potential buy signal. However, hold off on jumping in until the price surpasses the High of the bar where this crossover occurred. On the flip side, if the VI- crosses below the VI+, that's your potential sell signal, but wait until the price dips below the Low of the corresponding bar before making your move.
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