Ankit_1618

Vortex Indicator Strategy

Ausbildung
NSE:NIFTY   Nifty 50 Index
The most basic vortex indicator strategy is to use the crossovers as trade signals: when +VI crosses above -VI, go long; when -VI crosses above +VI, go short. Exit when a crossover occurs in the opposite direction.
Trading this basic strategy without filtering any of the signals can result in whipsaws. A whipsaw is when there is a crossover in one direction, followed shortly after by a crossover in the other direction. Whipsaws can result in a number of losing trades in a short period of time.
To help avoid this, only take +VI crossovers (above VI) when the overall trend is up.

When the overall trend is down, only take -VI crossovers (above +VI).

In either case, use a crossover in the opposite direction as an exit signal. A manual stop loss should also be placed to control risk. For a long trade, place a stop just below a recent swing low, and for a short trade place a stop just above a recent swing high.

Get Quality Free-mium Indicators (bit.ly/31Lzq7z)
On Scripts Section of myProfile

About me
I Wake Trade Eat Sleep Daily!
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.