Tarzan Indicator

Tarzan is a powerful VertexFX client side indicator that provides precise entry and exit signals based on market cycles.

The concept behind this indicator is to identify market cycles based upon a combination of the two popular indicators Relative Strength Index (RSI) and Simple Moving Average (SMA).

At first step, we calculate the Relative Strength Index (RSI) based on the PRICE FIELD and RSI METHOD. The blue line is a RSI indicator. Then we calculate the Simple Moving Average (SMA) of the Relative Strength Index (RSI).

It is a line of red and green (channel in the form of red and green dots). The indicator is built in a separate window. It consists of the blue line and the channel in the form of red and green dots with the channel.

The boundaries of the channel formed by two lines of pink color.

When the channel color rectangle turns into green and the blue indicator line rises above the upper boundary of the channel then it will be a signal to buy. When the channel color rectangle turn into red and the blue line has fallen below the lower boundary of the channel then it is a signal to sell.

To use Tarzan 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 Tarzan Indicator:


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