Download and use Elliot Wave Oscilattor Indicator for VertexFX Trader. Follow the easy steps to install this oscillator.

Scalping is a common trading strategy in Forex and binary option market. In this strategy some price level should be selected to open and close trading positions with a minimum profit.

One cancels other, OCO, is a VTL script which contains a set of 2 orders, a buy stop and a sell stop, when one of these orders gets filled, the other order is cancelled automatically by the VTL script.

Fiji Bollinger Bands Alerts is a Bollinger bands based VTL Client side script. It plots Bollinger bands on the chart and also red and yellow arrows where divergence between price and Bollinger bands is picked by the indicator.

Head Fake is a VTL custom indicator that can help you to determine the direction of the trend. You can use it to be more sure with your analyses and use it with filters, but you are not recommended to use it alone as you can see from the attached image above that you can place sell orders with red arrows and buy orders with yellow arrows. You can use the prices of the arrows to place stop loss (SL) and take profit (TP) positions to your trade.

Kairi Indicator is an oscillator like RSI. This VTL script shows overbought/oversold market condition. The indicator oscillates with 0 as midpoint. The Kairi indicator is calculated as the deviation of current price from its moving average.

The script was built in VTL. It was developed for fast open positions. You do not think about lots amount, which will be open. You just enter the level of stoploss, the type of transaction and the percentage of the deposit, the script itself will calculate the lots and put deal in the right direction.

Smooth Candle Indicator is a VTL indicator that smooths out the candles with a moving average of Open, High, Low, Close. This indicator can be used with other filters to confirm trend or can be used as a filter to existing systems.

The i4-GoldenLion is a VTL Trend Indicator that marks the candle in 4 different colors based on trend strength.

XigXag is a modification of the ZigZag indicator is a VTL . XigXag Indicator tracks and connects peaks and troughs of the chart. ExtDepth is the minimal amount of bars where there will not be the second maximum (minimum) ExtDeviation pips higher or lower than the previous one. I.e., ZigZag can always diverge, but it can converge (or completely draw together) more than at the ExtDeviation value only after ExtDepth bars. ExtBackstep is the minimal amount of bars between maximums/minimums. The XigXag indicator can be used for Elliot wave studies to identify waves. Another usage is in pattern detection. Check the AB = CD pattern identified in the image. The retracement levels are measured with the Fibonacci tool.