Camarilla vertex fx indicator

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Kaufman Efficiency Ratio - Vertex FX Indicator

Kaufman Efficiency Ratio is a powerful VertexFX client side VTL indicator that provides the strength of the current trend. It is the ratio of the relative market speed to that of the volatility.
It is scaled between 0 and +1.0. A low value near 0 implies low efficient and hence lower choppiness. A high value above 0.5 implies higher choppiness in the markets. It is used by traders as a filter to avoid trading when the market is choppy or during flat ranging markets.
To calculate the ratio we first calculate the net price movement (NPM) over the recent PERIOD bars. It is the defined as the absolute difference between the current close and the close PERIOD bars ago.
This value is divided by the volatility over the recent PERIOD bars. The volatility is calculated as the absolute sum of the change in price over PERIOD bars.
The Kaufman Efficiency Ratio is calculated by dividing the net price movement by the volatility.
BUY - This indicator does not provide BUY / SELL signals.
SELL - This indicator does not provide BUY / SELL signals.

 

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Keltner ATR Band - Vertex FX Indicator

Keltner ATR Band is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals for trade reversals. The Keltner ATR bands are based on Simple Moving Average (SMA), Average True Range (ATR) and the concept of Keltner Channels (KC).
The concept behind this indicator is that it provides a dynamic support and resistance level when the price is trending. When the price moves above the upper band and closes below, it implies that the uptrend has lost strength and a reversal is imminent. Similarly, when the price falls below the lower band and then closes above it, it implies that the downtrend has lost strength and a reversal is imminent.

In the first step we calculate the Simple Moving Average (SMA) based on the MA_PERIOD bars. In the second step we calculate the Average True Range (ATR) based upon the MA_PERIOD bars. In the third step the Average True Range is multiplied by the ATR_MULT multiplier.
The upper band is calculated by adding the ATR product calculated in third step to the SMA calculated in the first step. The lower band is calculated by subtracting the ATR product calculated in the third step from the SMA calculated in the first step.
BUY - Enter BUY position when the candle closes above the lower band from below. Do not open BUY position if candle has gap-up opening. Stop Loss can be placed below the nearest swing low.
SELL - Enter SELL position when the candle closes below the upper band from below. Do not open SELL

 

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LSMA in Color - Vertex FX Indicator

LSMA in Color (Least Squares Moving Average) is a powerful VertexFX client side VTL indicator that provides adaptive Moving Average based on the statistical Least Squares fit algorithm. The LSMA in Color indicator requires at least 2 X R_PERIOD + 5 bars. For example, if R_PERIOD is 10, then the indicator requires 25 bars to construct the indicator.
The concept behind the indicator is that price bars can be expressed as a linear or polynomial equation. The equation with the least error-fit (least squares regression fit) is the best representative of that indicator. It can be used to predict the next bar assuming that it is the best equation to represent the price bars over the recent R_PERIOD.
In the first step we calculate the regression error over the recent R_PERIOD bars. This value is then compared with the previous value. If it is lesser than the previous value, it implies that our equation for the line is better than the previous and this value is the new indicator value.
When the price closes above the indicator value, the indicator color is set to GREEN and when the price closes below the indicator value, the indicator color is set to RED.
BUY - Enter BUY position at close of candle when the indicator value is GREEN. Do not open BUY position if candle has gap-up opening. Stop Loss can be placed below the nearest swing low.
SELL - Enter SELL position at candle close when the indicator value is RED. Do not open SELL position if candle has gap-down opening. Stop Loss can be placed above the nearest swing low.

 

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MBKA - Vertex FX Indicator

MBKA is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals.
It is based on a composite of three Williams %R (WPR) indicators with different periods and weightages. The WPR (Williams %R) is a powerful indicator that can identify trends very quickly and precisely. This indicator uses three Williams %R indicators so that the results are smoothed and confirmed by more than on WPR.
In the first step, we calculate the three WPRs based on WPR_LENGTH_1, WPR_LENGTH_2 and WPR_LENGTH_3. In the next step we calculate the weighted WPR from these three WPRs. Each WPR is subtracted from 100, and then its weight W1, W2 and W3 multiplied respectively.
The sum of these three weighted WPRs is calculated and divided by the sum of W1, W2 and W3. This is the composite WPR.
When the composite WPR is above the sum of 67 and RISK, an uptrend is active. When the composite WPR is below the difference of 33 and RISK, a downtrend is active.
When the composite WPR transit from downtrend (or neutral) to uptrend, a BUY signal is generated. Similarly when the composite WPR transit from an uptrend (or neutral) to downtrend, a SELL signal is generated.
BUY - Enter BUY position at close of candle when BUY arrow appears. Do not place BUY position if candle has gap-up opening. Stop loss can be placed below the nearest swing low.
SELL - Enter SELL position at close of candle when SELL arrow appears. Do not place SELL position if candle has gap-down opening. Stop loss can be placed above the nearest swing high.

 

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STLM - Vertex FX Indicator

STLM (Slow Trend line Momentum Histogram) is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals based on trend following methodology. It is based on Digital Signal Processing method using digital signal co-efficient for smoothing the price and trend movements.
This indicator requires at least 92 bars since it applies the filter co-efficient to the most recent 92 bars.
The STLM is calculated as the difference between the up-trending filtered co-efficient of the recent 92 bars and the down-trending filtered co-efficient of the recent 92 bars. Each close is multiplied by a co-efficient and then sum of these recent 92 closes is added to derive the STLM.
When this difference is increasing the histogram color is GREEN, whereas when it is decreasing then the histogram color is RED.
The concept is that the sideways price movements cancel each other out, and only the core trend direction remains in the calculation. When the trend direction has an upward bias, down-trend signals are filtered out, and when the trend direction has a downward bias, the up-trend signals are filtered out.
BUY - Enter BUY position when indicator histogram color has turned GREEN from RED and is below zero. Do not open position if candle has gap-up opening. Stop loss can be placed at the nearest swing low.
SELL - Enter SELL position when indicator histogram color has turned RED from GREEN and is above zero. Do not open position if candle has gap-down opening. Stop loss can be placed at the nearest swing high.

 

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Super Trend - Vertex FX Indicator

Super Trend is a powerful VertexFX client side VTL indicator using trend-following techniques. It provides excellent entries and exits in trending and cyclical markets. It is based on the Commodity Channel Index (CCI) indicator and hence is useful in detecting trending markets.
The indicator trails the price - in other words when the price is rising the indicator value is just below the price. On the contrary when the price is falling, the indicator value is just above the price - tracking it closely.
In the first step we calculate the CCI based on the CCI_PERIOD number of bars. The CCI can detect powerful trending markets, especially when the trend has just started.
When the CCI is above 0, it indicates a BUY signal, whereas when the CCI is below 0, it indicates a SELL signal.
When the CCI is above 0, the indicator value is GREEN and is equal to the low of the candle.
When the CCI is below 0, the indicator value is RED and is equal to the high of the candle.
BUY - Enter BUY position at close of candle when indicator color is green. Do no open position if candle has gap-up opening. Stop can be place at the nearest swing low during a BUY position.
SELL - Enter SELL position at close of candle when indicator color is red. Do not open position if candle has gap-down opening. Stop can be placed at the nearest swing high during a SELL position.

 

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Setka - Vertex FX Indicator

Setka is a powerful VertexFX client side VTL indicator that is based on bounded ranges and provides trading ranges and signals. Setka is based upon Average True Range and closing price bands. The concept behind this indicator is that the Average True Range is a useful tool for determine volatility. When market transitions from a sideways movement to a trending market, its volatility rises. Similarly, when market changes direction from trending mode to sideways mode, the volatility decreases.

In the first step we calculate the Average True Range based on the ATR_PERIOD.In the next step we calculate the upper and lower bands based on the Average True Range and the ATR_MULTIPLIER. The upper band is the close price plus Average True Range multiplied by the ATR_MULTIPLIER. Similarly, the lower band is the close price minus the Average True Range multiplied by the ATR_MULTIPLIER.
The upper MAGENTA line is the greater of the previous and current value of the upper band. The lower CYAN line is the lower of the previous and current value of the lower band.
When either the upper or lower band is broken decisively with high volume, it implies that the trend has changed and it is commented to trade in the direction of the trend.
BUY - Enter BUY trade when candle closes above CYAN line. Do not enter BUY trade if candle has opened with a gap-up.
SELL - Enter SELL trade when candle closes below MAGENTA line. Do not enter SELL trade if candle has opened with a gap-down.

 

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Dinapoli Targets - Vertex FX Indicator

Dinapoli Targets is a powerful VertexFX client side VTL indicator useful for breakout trades. It is a breakout based system, trading in the direction of the new trend after the market has reversed and is retracing.
It comprises of a breakout (BUY-STOP or SELL-STOP) entry trade, a stop-loss level and three targets T1, T2 and T3.
The entry level is calculated by finding the retracement point and the prior Swing High (for BUY trades), and Swing Low (for SELL trades). The distance between these two points should be equal or greater than the number of LENGTH candles.
The current retracement should be at least 0.318 (31.8%) times the distance between the Swing High and the Swing Low.
The Target 1 is 61.8% of the distance between the Start and Stop Levels.
The Target 2 is 161.8% of the distance between the Start and Stop Levels.
The Target 3 is 261.8% of the distance between the Start and Stop Levels.

BUY - Place BUY-STOP trade at Dinapoli Start level (HoneyDew color) when the candle closes between the Dinapoli Start(HoneyDew color) and Stop level (Red color), and the targets T1 (Green), T2 (Yellow) and T3 (Dark Orchid) are displayed. The Stop level should be below the Start level. Please stop-loss at Dinapoli Stop level (Red color).
SELL - Place SELL-STOP trade at Dinapoli Start level (HoneyDew color) when the candle closes between the Dinapoli Start (HoneyDew) and Dinapoli Stop (Red) levels, and the targets T1 (Green), T2 (Yellow) and T3 (Dark Orchid) are displayed below the Start Level. The Stop Level should be above the Start Level. Place the stop-loss at the Stop Level.

 

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Ergodic Signals - Vertex FX Indicator

Ergodic Signal is a powerful VertexFX client side VTL indicator that gives precise and accurate entry and exit signals in cyclical markets. It is based upon the Ergodic Oscillator which itself is an excellent oscillator for cyclical markets. The concept behind the Ergodic Oscillator indicator is the absolute change in closing prices.
In the first step, we calculate the change in the current close price from the previous close price.
In the second step, we calculate the absolute change in the current close price from the previous close price.
In the third step, we calculate the moving average of the change in closing prices, and the absolute change in closing prices over R_FIRST period. If the SMOOTHING_MODE is 0, we calculate the Simple Moving Averages, otherwise we calculate the Exponential Moving Averages.
In the fourth step, we again calculate the moving averages of the moving averages calculated in the previous step using the S_SECOND period.
The main component is calculated as the ratio between the 2nd order moving average of the change in candle closes, against the 2nd order moving average of the absolute change in candle closes (both calculated in step four). This ratio is expressed as percentage. The signal component is calculated as the moving average over the SIGNAL_PERIOD of the main component.
When the main component closes above the signal component, a BUY signal is generated. When the main component closes below the signal component, a SELL signal is generated.
BUY - Enter BUY trade when the BUY (GREEN) arrow is displayed at the close of the candle. Do not enter trade if the candle has gap-up opening. Stop-loss can be placed at the nearest Swing Low level.
SELL - Enter SELL trade when the SELL (RED) arrow is displayed at the close of the candle. Do not enter trade if the candle has a gap-down opening. Stop-loss can be placed at the nearest Swing High level.

 

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INTRADAY FIBONOCCI- Vertex FX Indicator

i-Intraday Fibonacci is a powerful VertexFX client side VTL indicator displays the valid Fibonacci levels for the current day based on the previous day. Fibonacci levels form important decision points for trading, as well as support and resistance levels.

This indicator displays the 23.6%, 38.2%, 61.8% and the 76.4% Fibonacci levels based on the previous day’s range. The previous day's range (previous High minus previous Low) is calculated, and the various levels are added to the previous day's Low.

CYAN - 23.6% level from previous day's Low.
GREEN - 38.2% level from previous day's Low.
YELLOW - 61.2% level from previous day's Low.
BROWN - 76.4% from previous day's Low.

Ideally, when the price rises above the BROWN (76.4%) level a bullish breakout is expected and similarly, when the price falls below the CYAN (23.6%) level, a bearish breakout is expected.
This indicator can be used in conjunction with other indicators to confirm the direction of the trade.
NOTE - This indicator is applicable on H4 and lower chart time-frames. This indicator does not provide BUY or SELL signals.
BUY - This indicator does not provide BUY signals.
SELL - This indicator does not provide SELL signals.