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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 author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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