Yang Trader
$0.00
Yang Trader is a VertexFX client side VTL trend direction indicator. It is based on 2 Moving Averages (MAs), these moving average lines, are like follows: the first moving average is multiplied by two and the second moving average is calculated normally.
(Downloads - 2340)
Yang Trader is a VertexFX client side VTL trend direction indicator. It is based on 2 Moving Averages (MAs), these moving average lines, are like follows: the first moving average is multiplied by two and the second moving average is calculated normally. This value is again smoothed with a simple moving average to get the Yang Trader indicator.
The indicator line is plotted along the price chart and it shows the trend direction. Rising Yang Trader line shows uptrend and falling indicator line show down trend. In an up tend price trade above the indicator line and in down trend price trade below indicator line.
Buy position can be opened when the Yang Trader line turns up and Sell position can be opened when the indicator line turns down. Yang Trader indicator is a good tool for trend following.
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 |
|---|---|
| Compatibility |