TrendValue Indicator


TrendValue is VertexFX client side VTL that is designed to determine the trend direction and provides a trend breakout trading strategy. It consists of 2 lines, red and green. Green line is the level of support and the Red line is the resistance level.
Method of calculation of indicator:
TrendValue indicator is based on Simple Moving Average (SMA) and Average True Range (ATR). At first step, we calculate the SMA and ATR with given inputs. Next, we determine the level of support and resistance levels: resistance levels = SMA * (kRes+ATR * ATRSensitivity) support levels = SMA * (kSup-ATR * ATRSensitivity) kRes, kSup - Horizontal shear rate indicator.
Trading using indicator: 
- If indicator the is Green Place a Buy position, you can place position directly after the appearance of the green color in the indicator, but it is better to place the deal when the price touches the support level - the green line.
- If the indicator line turns Red or if the price touches the resistance level (red line), place a Sell position.

The basis of the indicator TrendValue are moving averages and ATR, which allows you to make it more sensitive in flat market. The default settings are set for M5 timeframe.

Paramters:

- Period - the period used in the moving average. For higher TF recommended to increase.
- ShiftPercent - shift indicator horizontally as a percentage.
- ATRPeriod - period of the ATR indicator, is used in the calculation.
- ATRSensitivity - shear sensitivity ATR.

To use TrendValue Indicator download it from here, then place it at VertexFX VTL directory:
C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts

Then right click on the tree and select refresh or restart your client station and you will find under  VTL local scripts in your client terminal.

You can check this video that talks about TrendValue Indicator:

Advanced Technical Analysis Webinar


Technical Analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume.
Technical analysts do not attempt to measure a security’s intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.
Technical analysts believe that the historical performance of stocks and markets are indications of future performance.

This Webinar will held on October 19th at 11:00 AM UK Time for 2 hours.

You can Join free webinar from the following button




Reverse Script


Reverse Script is a handy VertexFX client-side script that reverses open positions in current trading account. The purpose of this script is to reverse existing open positions quickly, reliably and accurately in an automated mechanism. There are circumstances when a trader feels that the market conditions have reversed and he needs to reverse his open positions. The trader is able to accomplish this with a single click using the Reverse script.
The script iterates through each open position (either a BUY or a SELL trade), and then closes it at the market price. After the original position has been closed, it opens a new trade with the same lot-size in the opposite direction. So, a BUY position is closed and an opposite SELL position with an identical lot-size is opened. Likewise, a SELL position is closed and an opposite BUY position with an identical lot-size is opened. If CurSymbolOnly is set to TRUE, then the script reverses positions only for the current chart symbol leaving open positions of other symbols untouched. However, if CurSymbolOnly is set to FALSE, then the script reverses open positions of all symbols.
If StopLoss and TakeProfitparameters are configured then the script sets the stop-loss and the profit-target of the reversed positions accordingly.
The Reverse script does not act upon pending orders, namely BUY-LIMT, BUY-STOP, SELL-LIMIT and SELL-STOP orders. It acts only on open positions, thus leaving the pending orders untouched.
Configurable Inputs
1.StopLoss – The stop-loss of each individual trade in pips.
2.TakeProfit – The profit target of each individual trade in pips.
3.CurSymbolOnly– Specifies whether the script is applicable to open positions of all symbols, or only for the current chart symbol.
4.MarketWatch – Specifies whether the stop-loss and take-profit (if configured) are sent to the broker immediately, or only after the reverse position is opened. If set to TRUE, then the stop-loss and take-profit are set only after the reverse trade is opened. If set to FALSE, then the stop-loss and take-profit are sent to the broker along with the reverse order request.
To use Reverse Script download it from here, then place it at VertexFX VTL directory:
C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts
 Then right click on the tree and select refresh or restart your client station and you will find under VTL local scripts in your client terminal.


You can check this video that talks about Reverse Script:


Auto Traders Free Webinar


The various benefits of automated trading make it a helpful tool for traders and technical analysts, but it is essential to consider that certain of Auto Traders fail.
For example, if the connection to the server is lost, due to any issues like internet connection disconnection, or power failure, or any other issues, traders has to manually fix the problem, and sometimes positions fails to be placed or SL/TP are not placed.
That’s why VertexFX have overcome this issue by having the server side VTL to overcome all these issues and not being affected by them to keep the Auto Traders hosted on the broker server for free, to execute trades and place SL/TP according to traders and technical analysists rules.

This Webinar will held on Thursday, September 28th at 11:00 AM UK Time for 2 hours.

You can Join free webinar from the following button


Center of Gravity (COG) Indicator


Center of Gravity (COG) is a VertexFX client VTL indicator that is an smoothed oscillator with essentially zero lag based on an article by John F. Ehlers. COG has essentially zero lag and enables clear identification of turning points. This indicator is the result of Ehler's study of adaptive filters.

The Center of Gravity indicator helps to identify the main pivot points with no lag which is the principle advantage of this indicator for both technical analysis and trading. The idea of calculating a center of gravity appeared from the investigation of lags of different filters with the finite impulse response (FIR) in accordance with the relative amplitude of filter coefficients. SMA (Simple Moving Average) is a FIR-filter, in which all coefficients have one and the same value. As a result the center of gravity of SMA is an exact center of the filter. WMA (Weighted Moving Average) is a FIR-filter, in which the last price change is weighted through the filter length, and so on.

The values of weighting are coefficients of filters. Coefficients of WMA filters can be presented as contours of a triangle. The center of gravity is on the 1/3 of the triangle base length. Thus WMA gravity center is shifted to the right with respect to the center of gravitation of SMA of the same length, which gives us a smaller lag. For all examples with FIR filters the sum of productions of coefficients and the price must be divided by the sum of coefficients for preservation of original prices.

The crossing of signal lines serves as the indicator's major signal:
If the red line crosses the blue one bottom up, the indicator generates a buy signal.
In case the red line crosses the blue one to the downside, the indicator gives a sell signal.
Since the indicator was developed as less lagging indicator, such signals can be successfully applied in trading without any additional filter.

One more signal that can be generated by the Center of Gravity computer indicator is the classical signal of divergence:
If the price has formed two new highs, (at that the second one is higher than the first one) and the Center of Gravity indicator did not show a new maximum, a divergence signal appears to warn of asset selling.

If the price has formed two new lows (at that the first one is lower than the second one), while the Center of Gravity indicator did not produce a new maximum, a new convergence signal appears, contemplating an asset purchasing.

To use Center of Gravity Indicator download it from here, then place it at VertexFX VTL directory:
C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts

Then right click on the tree and select refresh or restart your client station and you will find under  VTL local scripts in your client terminal.

You can check this video that talks about Center of Gravity Indicator:



Technical Analysis for Beginners Webinar



Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume.

Technical analysts do not attempt to measure a security’s intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.

Technical analysts believe that the historical performance of stocks and markets are indications of future performance.

This webinar will be held on August 10th at 11:00 AM UK Time for 1 hour.

You can Join free webinar from the following button


Move Cross Expert Advisor


Move_Cross is a powerful VertexFX client-side Expert Advisor that identifies and trades in cyclical markets as well as trending markets.

 One of the advantages of this Expert Advisor is that it distinguishes both trending and cyclical markets and hence has a higher success rate since it knows when the market transitions from sideways to trending (and vice-versa) and protects profits appropriately.

 The concept behind the Move_Cross Expert Advisor is using RAVI indicator (Rapid Adaptive Variance Indicator), in conjunction with break of the High and Low of the recent bars. It uses multiple time-frames, namely Daily, Hourly and 1-Minute.

ENTRY RULES for BUY (LONG) Trades 
• BUY trades are disallowed before Monday 7 am. 
• If a BUY position is already open, the rules for BUY entry are not checked. 
• If a SELL position is already open and a BUY signal is generated, then the SELL position is closed first and then the BUY trade is opened. 
• In the first step, we calculate the RAVI of 2 and 24 period Simple Moving Average (SMA) of the Open price on H1 period. If this value is less than zero, a Weightage of 10 is assigned. 
• In the second step, if the High of the previous candle and two candles ago on the Hourly chart is greater than the current Bid plus 5 pips, then the Weightage is increased by 7.
• On the 1-minute chart, if the High of the candle is greater the current Bid plus 5 pips, then the Weightage is decreased by 50. This step is repeated for the recent 12 one-minute candles.
• If the Close of the previous 1-minute candle is greater than the current Bid plus 5 pips, then the Weightage is increased by 50.
• If the High of any of the recent fourteen Hourly bars is greater than current Bid plus 45 pips, then the Weightage is reduced by 50.
• Finally, if the Weightage is greater than 50, then a BUY signal is triggered.
ENTRY RUES for SELL (SHORT) Trades 
• SELL trades are disallowed before Monday 7 am. 
• If a BUY position is already open and a SELL signal is generated, then the BUY position is closed first and then the SELL trade is opened.
• In the first step, we calculate the RAVI of 2 and 24 period Simple Moving Average (SMA) of the Open price on H1 period. If this value is greater than zero, a Weightage of 10 is assigned.
• In the second step, if the Low of the previous candle and two candles ago on the Hourly chart is lesser than the current Ask minus 5 pips, then the Weightage is increased by 7.
• On the 1-minute chart, if the Low of the candle is lesser the current Ask minus 5 pips, then the Weightage is decreased by 50. This step is repeated for the recent 12 one-minute candles.
• If the Close of the previous 1-minute candle is lesser than the current Ask minus 5 pips, then the Weightage is increased by 50.
• If the Low of any of the recent fourteen Hourly bars is lesser than current Ask minus 45 pips, then the Weightage is reduced by 50.
• Finally, if the Weightage is greater than 50, then a SELL signal is triggered.
TRADE EXIT CONDITIONS
• A trade is closed when the stop-loss is hit if the parameter StopLoss is configured.
• A trade is closed when the take-profit is reached if the parameter TakeProfit is configured.
• A trade is closed when the trailing stop-loss is hit if the parameter UseTrailingStop is configured.
• An open BUY trade is closed if an opposite SELL signal is triggered. Likewise, an open SELL trade is closed if an opposite BUY signal is triggered.
Configurable Inputs 
1. MoneyManagement– Specifies whether money management rules should be enabled or not. If TRUE then the lot-size of each trade is calculated based on TradeSizePercent and StopLoss. If set to FALSE, then the lot-size specified in Lots is used.
2. UseTrailingStop– Specifies whether trailing stop should be used or not.
3. TradeSizePercent –Specifies the maximum risk per trade based on which the lot-size is calculatedif MoneyManagement is set to TRUE.
4. Lots –Specifies the lot-size of each trade if MoneyManagementis set to FALSE.
5. MaxLots –The maximum number of lots that can be opened by this Expert Advisor.
6. StopLoss – The stop-loss of each trade opened by the Expert Advisor in points.
7. TakeProfit – The profit target of each trade opened by the Expert Advisor in points.
8. MarginCuttoff –The Expert Advisor will stop trading if the equity drops below this amount.
9. Slippage –The maximum allowed slippage in points.
To use Move Cross expert advisor download it from here, then place it at

 VertexFX VTL directory: C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts

Then right click on the tree and select refresh or restart your client station and you will find under VTL local scripts in your client terminal.


You can check this video that talks about Move Cross expert advisor: