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The Vortex Indicator (VI) is composed of 2 lines that show both positive (VI +) and negative (VI -) trend movement. It was inspired by certain motions found in water and was developed by Etienne Botes and Douglas Siepman. The Vortex Indicator has a relatively straight forward application: it is used by traders to identify the start of a trend. The VI + line crossing the VI - line (or a key level) could be seen as a bullish signal. The VI - line crossing the VI + line (or a key level) could be seen as a bearish signal. These are key trend change points. The indicator is often used in combination with other signals.
cguthrie922 cguthrie922 DOW, D, Short ,
155 0 4
DOW, D Short
Bearish Movement Ahead For Dow Chemical (DOW)

Dow Chemical has been in a bullish trend since 2009. It has been in a narrower bullish trend since January 2016. On a few occasions through this trend, three of the technical indicators discussed below are at similar levels that they are at now. These instances have resulted in short-term losses for the stock. I have also conducted further analysis based on other ...

116 0 3
USDCAD, D Short
CAD to buy?

Vortex indicator is near the TOP of his recent past. Doji pattern, it is possible to open short position below 1.3380, target price will be the support 1.3138. Look at hourly chart to set the stop loss and manage the trade then

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