VTL Plugins

EMA 5 8 Crossover Alert is a VertexFX client side VTL Alert. It uses two short term moving averages to alert short term trend changes. The fast moving average is of five period Exponential Moving Average (EMA) and the second Moving Average (MA) is an eight period Exponential Moving Average (EMA).

When the fast EMA cross above the medium EMA, buy alert is triggered and when fast EMA cross below the medium term EMA, sell alert is triggered.

Digital CCI filter, Digital CCI filter VrtexFX, Digital CCI filter VTL , Digital CCI filter VertexFXDigital CCI filter, Digital CCI filter VertexFX Indicator, Digital CCI filter Vertex, Digital CCI filter VTL, Digital CCI filter VertexFX LAnguage , Digital CCI filter Vertex FX

FX Fisher indicator is a momentum based VertexFX client side VTL indicator that is useful in providing market tops and bottoms with minimal lag. It is an oscillator and hence it scales the values between -2.57 and +2.57. It is useful over four hours period and daily period charts.

At first step, we calculate the Highest High and Lowest Low over the PERIOD bars. We then calculate the ratio of the difference between the current reference price (PRICE_FIELD) and Lowest Low, over the difference between the Highest High and Lowest Low. This ratio is normalized over two bars, and the log-normal ratio of this value and of the previous value is added up to calculate the FX Fish indicator value.

Support and Resistance (Barry) is a VertexFX client side VTL indicator based on the Fractal candles.

A Fractal High candle is a candle whose high has two lower Highs preceding it, and two lower Highs following it. Similarly a Fractal Low candle is a candle whose Low has two higher Lows preceding it, and two higher Lows following it. The Support level is a Fractal Low, whereas a Resistance level is Fractal High. The current Support level remains in place until a new Fractal Low is encountered. Likewise, the current Resistance level remains in place until a new Fractal High is encountered. The Support levels are displayed in BLUE dots, whereas Resistance levels are displayed in RED dots

J_TPO indicator is a VertexFX client side VTL oscillator where the calculation is based on the rate of change in price over the LENGTH bars, and is smoothed for elimination of lag.

At first step, we calculate the rate of change based on the current price and the price LENGTH bars ago. In next step, this rate of change is smoothed using polynomial co-efficient (polynomial squares fit). By doing this J_TPO indicator attempts to predict the rate of change for the next bar. Finally, one more level of smoothing is applied to generate the J_TPO oscillator. It oscillates between -1 and +1.

Laguerre ROC (Rate Of Change) is a trend based VertexFX client side VTL indicator that has minimal lag.

It should be used in conjunction with other market cycle based indicators to detect the market trends. We first calculate the ROC which is the difference between the current Close and the Close PERIOD bars ago, dividing it by the Close PERIOD bars ago. This value is then smoothed using the GAMMA smoothing constant. Finally, we calculate the up-changes and down changes and the ratio of the cumulative sum of up-changes to down-changes is the Laguerre ROC. It oscillates between 0 and 1. When the value falls towards zero and bottoms out, it implies that the market is preparing for an up move. Likewise, when the value towards one and peaks out, it implies that the market is preparing for a down move.

Kaufman indicator is a VertexFX client side VTL indicator which employs a variation of the Adaptive Moving Average (AMA), to generate precise trade signals. It also uses concepts of digital filters and signal-to-noise (SNR).

The first step, is to calculate the absolute difference between the current price and the price KAUFMAN_PERIOD bars ago.

Fractal AMA (Adaptive Moving Average) is a powerful VertexFX client side trend following VTL indicator that gives excellent entry and exit signals typically on higher (H4 and Daily) time-frames.

There are two components in the indicator – main Fractal AMA indicator (Blue), and the signal indicator which is Red. We calculate the range which is the Highest High minus Lowest Low, over the R_PERIOD, and half of R_PERIOD. Then digital filter is applied to calculate the difference between the logarithms of the ranges for the different periods. Finally it is smoothed using the MULTIPLIER to calculate the main BLUE signal. Likewise, the difference is smoothed using the SIGNAL_MULTIPLIER to derive the signal Red line.

Chandelier Exit indicator is a handy VertexFX client side VTL indicator that guides traders for placing stop-losses and exit levels.

When the Chandelier Exit is Blue, then stop-losses can be placed for Buy trades below the Chandelier Exit. Likewise, when the Chandelier Exit is Red, then stop-losses can be placed for SELL trades above the Chandelier Exit values.

Zero Lag MACD indicator is a VertexFX client side VTL indicator based upon the MACD. It attempts to eliminate the lag that is inherent in MACD indicator by using two levels of filtering. It comprises of two components, the MACD component (MAGENTA histogram), and the Signal component (ORANGE line).

To calculate the MACD component, we first calculate the fast and slow EMA based on FAST_EMA and SLOW_EMA periods. We once again calculate the fast EMA of the calculated fast EMA using the FAST_EMA period, and the slow EMA of the calculated slow EMA using the SLOW_EMA period. The fast EMA lag is calculated as,