Delta Force
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The Delta Force is a VertexFX Indicator based on accumulated differences in closing prices. It is useful to detect market when prices starts to trend (rise or fall) gradually, in preparation for a longer trend.
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Delta Force is a VertexFX Indicator based on accumulated differences in closing prices. It is useful to detect market when prices starts to trend (rise or fall) gradually, in preparation for a longer trend.
It consists of two components – Green bullish component and the Red bearish component presented in histogram style. The idea behind Delta Force indicator is when market starts trending up, the closing price gradually rises. This accumulated change in closing price is displayed by the green histogram. Similarly when the market starts trending downwards, the closing price gradually starts to fall. This accumulated change in closing price is displayed by the red histogram.
BUY – Place Buy Position when Green histogram is rising and Red histogram is zero. Close Buy Position when Green histogram peaks out and is falling.
SELL – Place Sell Position when Red histogram is rising and Green histogram is zero. Close Sell when Red histogram peaks out and is falling.
Additional information
| Plugin-Type | Client VTL – Custom Indicator |
|---|---|
| Compatibility |