+ Reply to Thread
Results 1 to 1 of 1

Thread: RAVI-FX Fisher VertexFX Indicator

  1. #1
    Member NCDindia is an unknown quantity at this point NCDindia's Avatar
    Join Date
    Jun 2015
    Posts
    50
    Thanks
    0
    Thanked 7 Times in 6 Posts
    SubscribeSubscribe
    subscribed 0

    RAVI-FX Fisher VertexFX Indicator

    RAVI-FX Fisher is a powerful VertexFX client side VTL oscillator that identifies market cycles and provides trading opportunities based on those market cycles. It is based on Average True Range (ATR) and Exponential Moving Average (EMA) indicators.
    In the first step, we calculate the Average True Ranges for the fast period MA_FAST, and for the slow period, MA_SLOW. In the second step, we calculate the Exponential Moving Average for the fast period MA_FAST and for the slow period, MA_SLOW. In the third step, we calculate the difference between the fast Moving Average and the slow Moving Average, and then multiply this value by the fast ATR. Finally, this value is divided by the product of the slow Moving Average and slow ATR.
    The concept behind this indicator is that fast MA responds quicker to change in market direction and trends. Similarly, when the markets are sideways, the ATR is lower, and as soon as the market changes direction the ATR ****ually increases because the range of the market is increasing. As a result, in an up trending market, the difference between the fast EMA and slow EMA increases, and so does the ratio between the fast ATR and slow ATR. Therefore the indicator starts following the trend with a minimal lag.
    When the trend stalls and saturates, the difference between the fast and slow EMA shortens, and likewise does the ratio of the fast ATR and slow ATR. The indicator now tops out and as soon as the market turns direction it starts moving in the opposite direction.
    BUY - Enter BUY trade when the RAVI-FX Fisher indicator is below the zero line and is rising for two consecutive bars.
    SELL - Enter SELL trade when the RAVI-FX Fisher indicator is above the zero line and is falling for two consecutive bars.


    Attached Images  
    Attached Files

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Currently Active UsersCurrently Active Users

There are currently users online. members and guests

Forex Forum India | Forex Community Place Statistics Forex Forum India Statistics

Most users ever online was .

Welcome to our newest member,

Threads:

Posts:

Member: