This strategy uses the Vortex Indicator (VI) to identify bullish and bearish trend reversals. It visualizes clear buy and sell signals based on the crossover of VI+ and VI- lines.
Features:
Vortex Indicator Calculation:
Calculates VI+ and VI- using smoothed values of directional movement and true range. Identifies directional trends based on the relationship between VI+ and VI-. Entry Conditions:
Long: Triggered when VI+ crosses above VI- (bullish crossover). Short: Triggered when VI+ crosses below VI- (bearish crossover). Visualization:
Plots VI+ (green) and VI- (red) for trend analysis. Buy and sell signals are marked with clear labels on the chart (green for "BUY" and red for "SELL"). Customization Options:
Adjust the Vortex period for sensitivity to market trends. This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach.