Vortex Indicator with Alert System
- インディケータ
- Matthew Palulis
- バージョン: 1.2
- アクティベーション: 5
Vortex Indicator with Alert System Tested with MT5 App for the Pocket Options Trading
Overview:
The Vortex Indicator with Alert System is an advanced MetaTrader 5 (MT5) tool designed to help traders identify trend direction and potential entry/exit points with ease. Leveraging the Vortex Indicator's ability to detect market momentum, this script adds visual signals and customizable alerts for crossovers, making it ideal for manual and semi-automated trading strategies.
Tested specifically with Regular Candles on the Pocket Options platform, this indicator integrates seamlessly with automation tools such as the EABiBOT from mt2bo.live and the AutoSignal Bot from autobotsignal.io.
Important Note: This indicator has been tested only with Regular Candles on Pocket Options. Compatibility with other chart types or platforms is not guaranteed.
Key Features:
- Directional Momentum Detection: Tracks +VI (positive vortex indicator) and -VI (negative vortex indicator) for trend analysis.
- Crossover Alerts: Sends BUY or SELL alerts when +VI crosses above or below -VI, signaling potential trend changes.
- Customizable Display: Visualizes crossovers using arrows and plots the Vortex lines directly on the chart.
- Alert Options: Allows users to enable/disable audio alerts for greater control.
- Global Variables: Uses global variables to track recent signals for enhanced flexibility in automated or hybrid strategies.
- Lightweight and Efficient: Optimized for smooth operation on MT5 platforms.
Inputs and Customization:
- Vortex Period: Adjustable period for calculating +VI and -VI.
- Alert System: Option to enable/disable audio alerts for crossover signals.
- Arrow Types: Uses intuitive arrow symbols to display BUY and SELL signals on the chart.
How It Works:
- The indicator calculates the Vortex lines (+VI and -VI) based on a user-defined period.
- Tracks crossovers between +VI and -VI to signal potential trend changes.
- Marks BUY signals when +VI crosses above -VI and SELL signals when -VI crosses above +VI.
- Displays arrows on the chart for easy visualization and sends optional alerts to notify the trader.
- Utilizes global variables to track and clean up expired signals for efficient memory usage.
Applications:
- Ideal for traders using Regular Candles on Pocket Options with automation tools like EABiBOT (mt2bo.live) and AutoSignal Bot (autobotsignal.io).
- Suitable for trend-following strategies and momentum-based entry/exit points.
- Useful for scalping or swing trading setups.
Disclaimer:
This indicator was tested exclusively on the Pocket Options platform using Regular Candles with the aid of the EABiBOT and AutoSignal Bot. Compatibility with other chart types or trading platforms is not guaranteed. Traders are advised to test independently before use on different setups.
Installation Instructions:
- Download the indicator and save it in the MQL5/Indicators directory.
- Refresh the Navigator window in MT5 to load the new indicator.
- Attach the indicator to your desired chart and configure the inputs as needed.
This indicator offers precise trend and momentum analysis for Pocket Options traders. For enhanced performance, consider pairing it with automation tools like the EABiBOT (mt2bo.live) and AutoSignal Bot (autobotsignal.io). While it provides reliable signals, ensure proper testing before live trading.