Range Trader

Description

This Server Script is a VTL simple technical analyzer based on High and Low data series. It calculates range for period that is shown in OHLCamount parameter. It opens buy market order if range value is greater than previous range value and You can define the parameters as follows:

• OrderQuantity: amount of shares
• OrderStoploss: integer value of points taken from open price (buy: open price – value, sell: open price + value)
• OrderProfit: integer value of points taken from open price (buy: open price + value, sell: open price + value)

Usage

• Download the attachment.
• Copy it to your company VertexFX  Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Files
• Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.