Camarilla vertex fx indicator

[NCDindia]

LINEAR REGRESSION LINE - VertexFX Indicator

LinearRegressionLine is a powerful VertexFX client side VTL indicator based from the trend-following family of indicators.
The Linear Regression technique is a statistical methodology to determine how closely a set of points are related to each other and whether a function can define these set of points. Each point can then be expressed as
y = Ax + B, where A is the Slope and B is the intercept.
This concept is applied in this indicator.
In the first step, we regression variables over the most recent LRL_PERIOD candles.
In the second step, we calculate the Slope and Intercept based on the regression variables.
In the final step, the Linear Regression Line is approximated and calculated for the latest candle using the calculated Slope and Intercept.

The idea behind this technique is that in trending markets, the prices are well-organized and can be predicted with better accuracy than in sideways markets where the randomness is higher and hence predictability is lower.
When the market is trending upwards or downwards, the accuracy of the Slope and Intercept is better, and hence the predicted value of the Linear Regression Line is more accurate. At the same time, the predicted Linear Regression Line follows the trend.
When the trend stalls, the variation in the line increases and it is very likely that the price breaches the line. This step repeats when a new trend is detected.
Hence the Linear Regression Line provides an excellent trend-following signal with minimal lag.
BUY - Enter BUY trade when the candle closes above the Linear Regression Line indicator. Avoid opening BUY trade if the candle opens gap-up above the Linear Regression Line indicator.
SELL - Enter SELL trade when the candle closes below the Linear Regression Line indicator. Avoid opening SELL trade if the candle opens gap-down below the Linear Regression Line indicator.


https://www.youtube.com/watch?v=nb2D9TNzaQQ

 

[NCDindia]

RAVI-FX Fisher VertexFX Indicator

RAVI-FX Fisher is a powerful VertexFX client side VTL oscillator that identifies market cycles and provides trading opportunities based on those market cycles. It is based on Average True Range (ATR) and Exponential Moving Average (EMA) indicators.
In the first step, we calculate the Average True Ranges for the fast period MA_FAST, and for the slow period, MA_SLOW. In the second step, we calculate the Exponential Moving Average for the fast period MA_FAST and for the slow period, MA_SLOW. In the third step, we calculate the difference between the fast Moving Average and the slow Moving Average, and then multiply this value by the fast ATR. Finally, this value is divided by the product of the slow Moving Average and slow ATR.
The concept behind this indicator is that fast MA responds quicker to change in market direction and trends. Similarly, when the markets are sideways, the ATR is lower, and as soon as the market changes direction the ATR gradually increases because the range of the market is increasing. As a result, in an up trending market, the difference between the fast EMA and slow EMA increases, and so does the ratio between the fast ATR and slow ATR. Therefore the indicator starts following the trend with a minimal lag.
When the trend stalls and saturates, the difference between the fast and slow EMA shortens, and likewise does the ratio of the fast ATR and slow ATR. The indicator now tops out and as soon as the market turns direction it starts moving in the opposite direction.
BUY - Enter BUY trade when the RAVI-FX Fisher indicator is below the zero line and is rising for two consecutive bars.
SELL - Enter SELL trade when the RAVI-FX Fisher indicator is above the zero line and is falling for two consecutive bars.


https://www.youtube.com/watch?v=S06yFIVcjcE

 

[NCDindia]

Zig Zag Pointer VertexFX Indicator

Zig Zag Pointer is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals based on Fractal patterns.

A fractal High pattern is a candle whose high is greater than the Highs of adjacent candles. Likewise a fractal Low pattern is a candle whose Low is lower than the Lows of the adjacent candles. The idea behind fractal candles is that when a High is surrounded by candles with lower Highs, then there is a high probability that the market will change trend and turn bearish. Similarly, when the Low is surrounded by higher Lows, the price has stabilized and likely to stop falling. This signals a change from downtrend to uptrend.

The Zig Zag Pointer can identify these market turning points. In the first step we identify all fractal Highs and fractal Lows, from the oldest to the most recent.
In the second step, we ignore all fractal Highs that have a previous fractal High within DEPTH bars. Similarly we ignore all fractal Lows that have a previous fractal Low within the recent DEPTH bars. This eliminates signals which are repetitive and generated by sideways movements in price. In the third step, we ignore all fractals Highs that are not above the previous fractal High by at least DEVIATION_POINTS points. Similarly, we ignore all fractal Lows that are not below the previous fractal Low by at least DEVIATION_POINTS points. This ensures that only strong trends, and breakouts are considered, and weak trends which failed to cross previous Highs or Lows are ignored.
The alternate Fractal Highs and Lows is the Zig Zag Pointer indicator.

BUY - Enter BUY trade when a BUY arrow has been displayed. Do not open the BUY trade if the candle has opened with a gap-up.

SELL - Enter SELL trade when a SELL arrow has been displayed. Do not open the SELL trade if the candle has opened with a gap-down.

NOTE - It should be noted that this indicator has a lag of 1 bar after which the BUY or SELL signal is drawn. -


https://www.youtube.com/watch?v=ib_8kY7-gOU

 

[NCDindia]

FRASMA - VertexFX Indicator

FRASMA (Fractally Modified Simple Moving Average) is a powerful VertexFX client side VTL indicator that provides trend-following entries and exits.
As the name suggests, FRASMA is derived from a family of moving averages, by calculating the fractal points and weighted their according to their precedence.In the first step, we calculate the highest and lowest price values over the recent PERIOD bars. In the next step, we calculate the linear weighted Stochastics from the highest and lowest price values derived in the first step. In the third step we calculate the normalized logarithm of the value derived in the previous step.
Finally, the FRASMA value is calculated by computing the average of the value derived in the previous step.

The concept behind FRASMA is that the price structure exhibits key fractal points, which are highest and lowest points in the specified range. These points provide clues to the market direction and trend. In a strong uptrend, when the upper fractal point is broken, it signals the continuation of an uptrend, whereas if the lower fractal point is broken, it marks the continuation of the downtrend. By normalizing these fractal points into a Moving Average helps us eliminate the lag and clearly mark the price trend.

BUY - Enter BUY trade when candle pierces and closes above FRASMA from below. Do not open trade if candle gaps up above the FRASMA.
SELL - Enter SELL trade when candle pierces and closes below FRASMA from above. Do not open trade if candle gaps down below the FRASMA.

 

[NCDindia]

Laguerre VertexFX Indicator

Laguerre is a VertexFX client side VTL indicator from the Digital Signal Processing family of indicators. It is a bounded oscillator between 0 and 1 that tracks the market cycles.

In the first step, we calculate a Smoothed Moving Average based upon the Close price using GAMMA smoothing constant. The current value of Smoothed Moving Average is equal to (1 - GAMMA) multiplied by the current Close price plus GAMMA multiplied by the previous value of the Smoothed Moving Average.

This step is repeated to calculate the third derivative of the Smoothed Moving Average.
In the next step we calculate the cumulative sum of the difference between the third derivative and the second derivative, and the second derivative with first derivative. If the difference is positive, it is added to the positive difference, and if the difference is negative, it is added to the negative difference.
Finally, the Laguerre indicator value is the cumulative positive difference divided by the cumulative negative difference.

The concept behind this indicator is to eliminate sideways movements and noise. When the price is trending in a particular direction (either upwards or downwards), the Laguerre value is moving in the direction of the trend. In an uptrend, the Laguerre value will rise and in a downtrend, the Laguerre value is fall.

It oscillates between 0 and +1, with either extremes indicating a saturation in the trend.
BUY - Enter BUY trade when the Laguerre indicator closes above 0.15 from below.
SELL - Enter SELL trade when the Laguerre indicator closes below 0.75 from above.

 

[NCDindia]

LINEAR REGRESSION LINE - VertexFX Indicator

LinearRegressionLine is a powerful VertexFX client side VTL indicator based from the trend-following family of indicators.
The Linear Regression technique is a statistical methodology to determine how closely a set of points are related to each other and whether a function can define these set of points. Each point can then be expressed as
y = Ax + B, where A is the Slope and B is the intercept.
This concept is applied in this indicator.
In the first step, we regression variables over the most recent LRL_PERIOD candles.
In the second step, we calculate the Slope and Intercept based on the regression variables.
In the final step, the Linear Regression Line is approximated and calculated for the latest candle using the calculated Slope and Intercept.

The idea behind this technique is that in trending markets, the prices are well-organized and can be predicted with better accuracy than in sideways markets where the randomness is higher and hence predictability is lower.
When the market is trending upwards or downwards, the accuracy of the Slope and Intercept is better, and hence the predicted value of the Linear Regression Line is more accurate. At the same time, the predicted Linear Regression Line follows the trend.
When the trend stalls, the variation in the line increases and it is very likely that the price breaches the line. This step repeats when a new trend is detected.
Hence the Linear Regression Line provides an excellent trend-following signal with minimal lag.
BUY - Enter BUY trade when the candle closes above the Linear Regression Line indicator. Avoid opening BUY trade if the candle opens gap-up above the Linear Regression Line indicator.
SELL - Enter SELL trade when the candle closes below the Linear Regression Line indicator. Avoid opening SELL trade if the candle opens gap-down below the Linear Regression Line indicator.

 

[NCDindia]

RAVI-FX Fisher VertexFX Indicator

RAVI-FX Fisher is a powerful VertexFX client side VTL oscillator that identifies market cycles and provides trading opportunities based on those market cycles. It is based on Average True Range (ATR) and Exponential Moving Average (EMA) indicators.
In the first step, we calculate the Average True Ranges for the fast period MA_FAST, and for the slow period, MA_SLOW. In the second step, we calculate the Exponential Moving Average for the fast period MA_FAST and for the slow period, MA_SLOW. In the third step, we calculate the difference between the fast Moving Average and the slow Moving Average, and then multiply this value by the fast ATR. Finally, this value is divided by the product of the slow Moving Average and slow ATR.
The concept behind this indicator is that fast MA responds quicker to change in market direction and trends. Similarly, when the markets are sideways, the ATR is lower, and as soon as the market changes direction the ATR ****ually increases because the range of the market is increasing. As a result, in an up trending market, the difference between the fast EMA and slow EMA increases, and so does the ratio between the fast ATR and slow ATR. Therefore the indicator starts following the trend with a minimal lag.
When the trend stalls and saturates, the difference between the fast and slow EMA shortens, and likewise does the ratio of the fast ATR and slow ATR. The indicator now tops out and as soon as the market turns direction it starts moving in the opposite direction.
BUY - Enter BUY trade when the RAVI-FX Fisher indicator is below the zero line and is rising for two consecutive bars.
SELL - Enter SELL trade when the RAVI-FX Fisher indicator is above the zero line and is falling for two consecutive bars.

 

[NCDindia]

Zig Zag Pointer VertexFX Indicator

Zig Zag Pointer is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals based on Fractal patterns.

A fractal High pattern is a candle whose high is greater than the Highs of adjacent candles. Likewise a fractal Low pattern is a candle whose Low is lower than the Lows of the adjacent candles. The idea behind fractal candles is that when a High is surrounded by candles with lower Highs, then there is a high probability that the market will change trend and turn bearish. Similarly, when the Low is surrounded by higher Lows, the price has stabilized and likely to stop falling. This signals a change from downtrend to uptrend.

The Zig Zag Pointer can identify these market turning points. In the first step we identify all fractal Highs and fractal Lows, from the oldest to the most recent.
In the second step, we ignore all fractal Highs that have a previous fractal High within DEPTH bars. Similarly we ignore all fractal Lows that have a previous fractal Low within the recent DEPTH bars. This eliminates signals which are repetitive and generated by sideways movements in price. In the third step, we ignore all fractals Highs that are not above the previous fractal High by at least DEVIATION_POINTS points. Similarly, we ignore all fractal Lows that are not below the previous fractal Low by at least DEVIATION_POINTS points. This ensures that only strong trends, and breakouts are considered, and weak trends which failed to cross previous Highs or Lows are ignored.
The alternate Fractal Highs and Lows is the Zig Zag Pointer indicator.

BUY - Enter BUY trade when a BUY arrow has been displayed. Do not open the BUY trade if the candle has opened with a gap-up.

SELL - Enter SELL trade when a SELL arrow has been displayed. Do not open the SELL trade if the candle has opened with a gap-down.

NOTE - It should be noted that this indicator has a lag of 1 bar after which the BUY or SELL signal is drawn.

 

[NCDindia]

De Marker Pivot VertexFX Indicator

De Marker Pivot VertexFX Indicator is a useful VertexFX client side VTL indicator, provides the support and resistance levels, and daily trading bands for intraday trading. It is calculated from the previous day's range - namely previous day's High, Low, and Close.

The indicator values are calculated as follows :
P = (Previous Day High + Previous Day Low + Previous Day Close ) / 3
R1 = 2 * P - Previous Day Low
S1 = 2 * P - Previous Day High
R2 = P - S1 + R1
S2 = P - R1 + S1

The DeMarkerPivot provides intraday traders with two support levels, and two resistance levels. In a sideways market, the price is bounded within S1 and R1 ranges, and during higher volality sideways markets within S2 and R2. Therefore traders typically place stop-loss for BUY trades below the S1, and for SELL trades above R2.

In sideways markets, traders typically enter BUY trades around S1 level, and exit their BUY trades around R1 level. Likewise, SELL trades are initiated around R1 levels , and these trades are exited around S1 level. Whenever the price is outside of these bands, it implies that the probability of the market initiating a new trend is very high.

 

[NCDindia]

WeeklyPivot VertexFX Indicator

WeeklyPivot VertexFX Indicator indicator is a VertexFX client side VTL indicator, provides the support and resistance pivots, based upon weekly price values. This indicator is very useful to determine weekly limits of trading, and the levels at which the market will enter into resistance and support zones.
It provides three support levels (S1, S2 and S3) and three resistance levels (R1, R2 and R3) alongwith the weekly pivot level.

To calculate these levels, we first calculate the previous week's range, which is previous week's High minus previous week's Low.The calculations for P, R1, S1, R2, S2, R3 and S3 are as follows :

P = (Open + High + Low + Close) / 4
R1 = 2 x P - Low
S1 = 2 x P - High
R2 = P + (High - Low)
S2 = P - (High - Low)
R3 = 2 x P + (High - 2 x Low)
S3 = 2 x P - (2 x High - Low)

The weekly prices tend to stay within the S3 and R3 band. So, reversal strategies can be employed between S3 and R3. The trade can expect the direction to reverse at support and resistance levels. When the price touches the support level, it will bounce above, and when the price reaches the resistance level it falls back.

Breakout strategies can be employed beyond S3 and R3. When the price breaks above R3 or below S3 decisively with volume, stop losses should be engaged, and the trade should consider trading in the direction of the breakout.