Nikko Vortex Strategy

Welcome to My Vortex Strategy for Pine Script v6

Results may vary depending on the timeframe, asset, and configuration.

📘 Strategy Overview

This strategy is powered by the Vortex Indicator (VI) — a tool developed by Etienne Botes and Douglas Siepman, introduced in Technical Analysis of Stocks & Commodities in 2010.
The VI is designed to identify trend initiations and confirm ongoing trends, making it ideal for momentum-based strategies.

⚙️ Strategy Characteristics

This system is best suited for moderately volatile coins, where it helps smooth out gains while maintaining steady growth.

🛠️ Key Parameters

Bar Multiple:
Controls how frequently new positions are opened/closed in an uptrend/downtrend.

Close All When Bearish:
When enabled, this forces the strategy to close all open positions as soon as the trend turns bearish. When disabled, it allows for pyramiding in both directions, depending on your risk tolerance.

Disclaimer:
This strategy is provided for educational and informational purposes only. Trading involves risk, and results may vary depending on configuration and market conditions. Always backtest thoroughly over a significant number of trades and monitor live performance carefully before considering any real trading. I am not offering financial advice.