Vertex Indicator is a combined
oscillator that combines the readings of several indicators, which makes it
possible to accurately predict the trend reversal. The Vertex MOD 3.01
alerts + arrows is composite and includes two modules, one of which is
a basic oscillator. The visualization of the optimal places for entering the
market is the signal arrows - the ease of interpretation of signals attracts
beginners, however, experienced traders are often used by such an indicator
in their systems.
Characteristics of
Vertex Indicator
·
Platform: Metatrader4
·
Currency pairs: Any
·
Trading Time: Around
the clock, recommended European and American
sessions
·
Timeframe:
Any, recommended H1 and higher
·
Recommended
broker: Alpari, InstaForex
How does the Vertex
Indicator work
Vertex Indicator is
the result of combining three classic indicators: Momentum, Moving
Averages and Bollinger Bands. These tools are in the list
of free applications in MT4, and therefore known to both beginners and
experienced traders.
The markup of the
indicator is formed step by step:
1.
Vertex
MOD 3.01 alerts + arrows calculates
a modified version of Momentum, which is represented on the chart with blue and
red lines.
2.
The information
obtained is used to build Bollinger envelopes.
Arrows to identify the
turning points on the price movement chart simplify the orientation in the
market situation, providing the trader with specific signals for entry. The
Vertex Indicator can be used with the default settings, so you do not need to
change them during the installation, but you can adjust all important options
if you want:
·
Processed – data processing period for technical
analysis
·
Control_Period – data processing period for
calculations for the construction of a moving average - this line has a blue
color by default
·
Signal_Period – data processing period for
constructing the Momentum red signal line in the Vertex MOD 3 Indicator
·
Signal_Method – method for constructing a moving
average
·
BB_Up_Period/BB_Dn_Period – data processing period for building
Bollinger Bands - 2 values for channel formation
·
BB_Up_Deviation/BB_Dn_Deviation – number of standard deviations for the
first Bollinger Bands - 2 values for forming both sides of the channel
In the archives
Vertex_Mod_3.01.rar:
·
Vertex
MOD 3.01 alerts + arrows.ex4
·
Vertex
MOD 3.01 alerts + arrows.mq4
·
Vertex_template.tpl
