OPEN-SOURCE SCRIPT
Vortex Indicator Single Line
This Indicator reprensents original Vortex Indicator in a single line, and applicable for any type of markets.
If the Vortex line crosses above zero or already greater than zero, this means "BUY or DO NOT SELL".
If the Vortex line is very near of zero or equals zero, this means a NEUTRAL POSITION.
If the Vortex line crosses below zero or already less than zero, this means " SELL or DO NOT BUY"
If the Vortex line greater than 0.2 value, this means a STRONG BUY SIGNAL.
If the Vortex line less than -0.2 value, this means a STRONG SELL SIGNAL.
Default Vortex period is 14.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.