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EATA indicator is a VertexFX client side VTL indicator that is created using two indicators RSI (Relative Strength Index) and CCI (Commodity Channel Index).
It uses quick RSI rather than normal RSI because of its outcomes – as it is quicker with exact the same caluculations compared to normal RSI. The intersection of the red and blue lines of the indicator are signals to buy or sell. For the convenience of the trader indicator also displays the signals to buy and sell in the form of green and red arrows. Green Arrow is a signal to buy, and the red is a signal to sell.
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EATA indicator is a VertexFX client side VTL indicator that is created using two indicators RSI (Relative Strength Index) and CCI (Commodity Channel Index).
It uses quick RSI rather than normal RSI because of its outcomes – as it is quicker with exact the same caluculations compared to normal RSI. The intersection of the red and blue lines of the indicator are signals to buy or sell. For the convenience of the trader indicator also displays the signals to buy and sell in the form of green and red arrows. Green Arrow is a signal to buy, and the red is a signal to sell.
Traders can change several input parameters:
CCI_per (default = 14) – the period of the indicator Commodity Channel Index
RSI_per (default = 14) – the period of the indicator Relative Strength Index
Ma_Period (default = 2) – the period of the indicator
Moving Average koef (default = 8) – number of bars used to calculate the indicator
Usage
- Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
- Copy it to your company VertexFX Local VTL Files folder i.e. C:ProgramDataVertexFX Client Terminals”Company name”VTL10Local VTL Scripts
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
Plugin-Type | Client VTL – Custom Indicator |
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Compatibility |