NINA

NINA is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals. The concept behind NINA indicator is using Average True Range (ATR) and threshold levels for trading. In the first step we calculate the Average True Range (ATR) over the WATR PERIOD. This value is multiplied by KWATR multiplier. In the next step, the average of this value is calculated again over the WATR PERIOD. Additionally, the maximum and minimum values are calculated over the same period. This value is divided into 3 steps, the minimum value, center value and the highest value.

Buy: Place Buy trade when a Buy (Green) arrow is displayed at the close of the candle. Do not place Buy trade if candle has gap-up opening, or if indicator Yellow line is below indicator Blue line. Place Stop-loss below the nearest Swing Low.

Sell: Place Sell trade when a Sell (Red) arrow is displayed at the close of the candle. Do not enter Sell trade if candle has gap-down opening, or if indicator Yellow line is above indicator Blue line. Place Stop-loss above the nearest Swing High.

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.