InvestorsHub Logo
Followers 417
Posts 52354
Boards Moderated 13
Alias Born 12/16/2001

Re: None

Thursday, 06/16/2016 11:47:54 AM

Thursday, June 16, 2016 11:47:54 AM

Post# of 17387
VORTEX INDICATOR


Developed by Etienne Botes and Douglas Siepman, the Vortex Indicator consists of two oscillators that capture positive and negative trend movement. In creating this indicator, Botes and Seipman drew on the work of Welles Wilder and Viktor Schauberger, who is considered the father of implosion technology. Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret. A bullish signal triggers when the positive trend indicator crosses above the negative trend indicator or a key level. A bearish signal triggers when the negative trend indicator crosses above the positive trend indicator or a key level. The Vortex Indicator is either above or below these levels, which means it always has a clear bullish or bearish bias.


https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vortex_indicator

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.