Vetex FX VTL Indicators & Scripts

edakad

Active member
117 1
Price Action - VertexFX EA

Hello,

Price Action is a server side VTL Script expert adviser. Price Action EA is not based on indicators or patterns. At major news release, markets are highly volatile and makes rapid trend moves. The Price Action EA is designed to take advantage of this kind of volatility in the markets. EA opens a trade, applies a stop loss and open a reverse trade if the stop loss is hit. Around a major news release market may move in both direction, but eventually picks a direction and makes a big price wave. Run the EA after a major news release, it will take advantage of the volatility at such times.


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Attachments

  • PriceAction.zip
    2.1 KB · Views: 169

edakad

Active member
117 1
IBS Oscillator

Hello,

Internal Bar Strength Oscillator (IBS Oscillator) is a client side VertexFX VTL script. It is calculated as moving average of

(High-Low)/(Close-Low) * 100 and plotted as an oscillator. IBS Oscillator is similar to other oscillators like stochastic and

RSI. It is used to find oversold and overbought market conditions. IBS value above 60 level signals overbought market

conditions and consolidation or trend reversal is likely to follow. Oscillator value below 40 indicates oversold market

condition and consolidation or trend reversal is likely to follow.

IBS Oscillator can be used for divergence trading also. Divergence between price and the IBS oscillator as the market makes new

high or low is an indication that the prevailing trend is losing momentum and trend reversal may follow. It can be used as a

stand alone indicator to trade reversals or can be used as a confirmatory indicator together with other indicators.

The Oscillator levels 40 and 60 is marked by the horizontal lines in the oscillator pane. The IBS oscillator can be customized

with the parameter "Per", the moving average period.

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Attachments

  • ibs.zip
    2.3 KB · Views: 153

edakad

Active member
117 1
iNdays Channel

Hello,

iNDays Channel is a VertexFX VTL Client side script. It plots support resistance channel on price chart. The support resistance levels are identified as the last fractal high and fractal low. The resistance line is colored blue, the support line is colored red and the yellow line is the middle line of the channel. The blue and red dots mark the fractal high and low.

The channel can be used for breakout trading. When price break below the red line (bottom line) and stays below it, a down trend is emerging. Price breaking above blue line (upper line) and staying above it indicates an up trend emerging. In consolidation, price will remain within the channel. The channel can be used as stop loss level also. Trades can be opened with breakout of the channel or in combination with other indicators confirming a breakout.

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Attachments

  • indays_Channel.zip
    3.1 KB · Views: 154

edakad

Active member
117 1
Smoothing Average

Smoothing Average is a client side VTL Expert Adviser. The EA is based on one moving average and the entry and exit levels are determined by a Smoothing factor. smoothing factor is a percentage of current price, when price is above the moving average by the smoothing factor, buy position is opened. When price is below the moving average by smoothing factor, sell position is opened. The EA has the ability to apply a stop loss and take profit also on positions opened.


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Attachments

  • SmoothingAverage.zip
    2.5 KB · Views: 167

edakad

Active member
117 1
Bullish Reversal - VertexFX

Bullish Reversal is a server side VertexFX VTL script that trades Bullish reversal candle patterns. The EA identifies these candle patterns:- Abandoned Baby, Morning Doji Star, Three Inside Up, Three Outside Up and Three White Soldiers. It opens buy position after the completion of these candle patterns if current price is below 50 period simple moving average. Thus it makes sure it trades bullish reversal patterns in a down trend only. EA applies a target and stop loss and trails the stop loss.


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Attachments

  • BullishReversal.zip
    4.3 KB · Views: 163

edakad

Active member
117 1
Trailing Stop Loss

Hello,

The trailing stop loss server side EA applies a trailing stop loss to a selected position. The position to apply the trailing stop loss is selected by the ticket number entered into parameter ticket of open position.

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Attachments

  • TrailingStop.zip
    2 KB · Views: 161

edakad

Active member
117 1
VertexFX Server Side EA - Time Trader

Time Trader is a Server Side VTL Expert Adviser. The EA Opens a trade at the time specified. Markets may be highly volatile at some times during the trading day such as important news release time, London or US session open. Because of the high volatility, opening trades amnually at such times may be less efficient as price move very quickly and by the time the order details are entered into terminal, price may have significantly moved. Speed of execution is critically important in these situations. The time trader EA is a useful tool at such times.

Time trader runs on the server and open positions at the specified time without any latency as it is running on the server. Enter the time to open the trade into the parameters of the EA, the time can be specified in Hour, minute, seconds format. Also the user can configure the EA to open a buy position or sell position or both at the same time. The EA applies stop loss and take profit specified by the user. Thus the EA can be used to open market neutral trade at important news release time. For a market neutral trade, open both buy and sell at the same time and apply a small stop loss and large target. One trade stops out, but the other trades make sufficient profit to end up with a net profit on both trades due to the big moves present at important news release time. In case the trader has got a directional bias, EA can open Buy or Sell position as specified in the parameters of the EA.
 

Attachments

  • TimeTrader.zip
    3 KB · Views: 161

omsaitech12

Newbie
1 0
Catching Gaps

Hello,



We have converted an Expert Advisor Catching Gaps for Vertex FX. Catching Gaps is a very powerfull Expert Advisor for VertexFX that catches the gaps and use it to place orders and generate profit.

The EA opens a trade when there is a price gap. Gaps are usually found when new market session is opened (market opening). The minimum gap size and lot size are defined in parameter. Catching Gaps will open orders if the gap is more than min gap size set in the parameter.

There are two paramenters. The first parameter is min_gapsize which is minimum gap size in points. This parameter by default is set to 1. The second parameter is lotsize_gap, which is number of lots to be traded; catching gaps EA will open for all orders. For every new bar, EA calculates the gap between current open price and previous high, also between current open price and previous low.

traders can place buy positions when Current Open Price is lower than previous low. Place take profit at previous low, also traders can place sell position when Current Open Price is higher than previous high. Place take profit as previous high.

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http://www.mql4.com/go?http://www.h...ns/client-vtl-plugins/free/catching-gaps.html
 

Attachments

  • catchingvgaps1.zip
    2 KB · Views: 145

omsaitech555

Newbie
1 0
auto slntp for vertex

We have converted a Expert Advisor for VertexFX called Auto SLnTP. Auto stop loss and take profit is a server side script that when started on server applies a stop loss and take profit on pending orders. This is useful to apply stoploass and take profit to stoploss buy and stoploss sell orders. The stoploss can be defined in pips or with the ATR. When many orders are present in the terminal, applying a stop loss and take profit to each order is time consuming task. This tool is used in such situations.

The stop loss and take profit is defined in the parameters. The available options are:

Stop Loss Method - This decides pips based stop loss or ATR based stop loss. When the parameter is set to 1, it applies pip stoploss and when 2, it applies ATR stop loss.

Fixed SL - stop loss in pips.
StopLoss ATR - ATR multiplication factor for stop loss.

Take Profit Method - Parameter value 1 implies fixed stop loss and 2 implies ATR stop loss
Fixed TP - Take profit in PIps
TakeProfit ATR - Take profit ATR multiplication factor

ATR Timefram - Time frame to calculate ATR
The EA triggers an alert when the order modification is done. This alert can be turned on/off with the parameter Alert on.


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Attachments

  • AutoSLTPOrder.zip
    3.9 KB · Views: 143

edakad

Active member
117 1
3 SMA EA - VertexFX VTL

Hello,

Three SMA Cross Over is a client side vertexFX expert Adviser. The EA is based on three simple moving averages, fast, medium and slow. The EA open buy positions in a medium term up trend and sell position in a medium term down trend. The trend direction is determined by the slow and medium term moving averages. When medium term SMA is above slow SMA, the trend direction is up and and when the medium term SMA is below slow SMA, the trend direction is down. The trades are triggered by the short term trend changes in an underlying medium term up or down trend. The short term trend changes are determined by the cross over between fast and medium term SMA.

The trading system rules are:

Buy when medium term SMA is above slow SMA and the fast SMA cross above the medium term SMA. Close the buy position when the fast SMA cross below the medium term SMA.

Sell when the medium term SMA is below slow SMA and fast SMA cross below medium term SMA. Close the sell position when the slow SMA cross above the medium term SMA.

To avoid choppy moving average cross overs, a cross over offset can be set in the parameter "SMA Spread". This stipulate a minimum distance for a valid cross over between the moving averages.

The fast, slow and medium term moving average periods can be defined in the parameters. The lot size to trade, and a stop loss can also be defined in the parameters.

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Attachments

  • 3SMA EA.zip
    3.2 KB · Views: 153

edakad

Active member
117 1
EMA 5-8 Alert - VertexFX

Hello,

EMA 5 8 Crossover Alert is a client side Alert. It uses two short term moving averages to alert short term trend changes. The fast moving average is of five period exponential moving average and the second moving average is an eight period exponential moving average. When the fast EMA cross above the medium EMA, a buy alert is triggered and When the fast EMA cross below the medium term EMA, a sell alert is triggered. The indicator plots these two moving averages and a long term moving average for medium term trend detection. The red line in chart is the fast moving average, teal color line is the medium term moving average and the yellow colored line is comparatively a long term EMA. Price above the yellow line indicates up trend and price below the yellow line indicate down trend. Buy alerts above yellow line can be used to open long position and sell alert below yellow line can be used to open short position. Red down arrow represents a sell alert and green up arrow represents a buy alert. The alerts are triggered with a pop up message and sound when the cross over happens.

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Attachments

  • ema_58_crossover_alert.zip
    3 KB · Views: 137

edakad

Active member
117 1
NTR Reverse - VertexFX EA

Hello,

NTR Reverse is client side Expert Adviser. The EA is based on a trading range breakout strategy. The breakout range is calculated as the trading range of the most recent bars, determined by the parameter "per". Default value for trading range is 3 bars. The EA avoids choppy breakouts by applying a ATR or fixed pips based filter to the breakout level. When the high of the trading range is broken upward, a buy position is opened. When the low of the trading range is broken, a sell position is opened.

In the image white horizontal lines defines the trading range of recent bars. The green dotted line is the breakout level after adding the filter value to the trading range. The red dotted line is the downward breakout level after subtracting the filter value to the lower level of the trading range.


The EA applies a stop loss and trailing stop loss and take profit level to open positions. The trading range for breakout trades as well as the take profit, stop loss, breakout filter etc. can be set up in in the EA through parameters.

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Attachments

  • NTR_Reverse.zip
    3 KB · Views: 146

edakad

Active member
117 1
Digital CCI Filter - VertexFX

Hello

Digital CCI filter is a CLient Side VertexFX Indicator. It smoothens the normal CCI by digital signal processing alogorithm. This smoothening eliminates the whip saws in normal Commodity Channel Index. The Digital CCI filter oscillates about a middle zero line. Digital CCI values above 0 indicates an up trend and Digital CCI Value below 0 indicates a down trend. When the Digital CCI is rising and above 0, the up trend is strong and Buy positions can be opened. Continuation of the up trend is expected at this point. When it is below 0 and declining, continuation of down trend is expected and Sell positions can be opened. Extreme values of the Digital CCI filter above 0 indicates overbought market conditions and the up trend is likely to end. Extreme values below 0 indicates the down trend is ending. After an overbought or oversold market condition, price usually consolidate or a trend reversal happens. This can be useful to close open positions as well as to open anticipatory trades.

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Attachments

  • Digital_cci_filter.zip
    2.2 KB · Views: 136

edakad

Active member
117 1
Real Value Indicator - VertexFX

Hello,

Real Value Indicator is a VertexFX Client Side VTL indicator. It is similar to moving averages, and shows the real market movement. It does not respond as quickly as moving averages does to price spikes and rapid price movements. Thus Real Value Indicator eliminates many whipsaws associated with moving average cross over strategies. It is a good trend following indicator for overall market trend.


The red line plotted on chart is the real value indicator. It similar to a moving average. However it is more reliable as it captures the trend more effectively filtering false price moves. Buy position can be opened when the price trades above the indicator line. Sell position can be opened when price trades below the indicator line. The indicator can be customize through the parameters. "Alpha" and "Variation" is the smoothing factors for the indicator calculation and Period is the number of bars to calculate the indicator.

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Attachments

  • real-value-indicator.zip
    935 bytes · Views: 137

edakad

Active member
117 1
WATR - VertexFX Indicator

Hello,

Weighted ATR (WATR) is a client side VTL Indicator. WATR is an improvement to the Average True Range (ATR) indicator. It

smooths the ATR calculation by applying a weighting factor to the calculations. The WATR indicator is plotted as a trailing

stoploss line on chart by adding or subtracting the WATR value to recent price high or low. WATR indicator line shows the trend

direction. When green line appears on chart, trend is downward and when red line appears on chart trend direction is upward.

WATR indicator can be used as either a stand alone trading system or as a trailing stop loss. When the red line appears, trend

has turned upward and Buy position can be opened. The red line can be used as a trailing stop loss. When price close below the

red line and green line appears above price, trend has reversed downward and Sell position can be opened. The green line can be

used as trailing stoploss. The WATR indicator can be customized trough the parameters. The WATR calculation weighting factors

as well as the WATR calculation period can be adjusted in the parameters.

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Attachments

  • watr.zip
    2.9 KB · Views: 158
 
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