APIBridge, TradingView
Strategy Premise
A vortex indicator (VI), an indicator composed of two lines – an uptrend line (VI+) and a downtrend line (VI-). These lines typically coloured green and red respectively. A vortex indicator used to spot trend reversals and confirm current trends. An uptrend or buy signal occurs when VI+ is cross Over VI- and A downtrend or sell signal occurs when VI- is cross Under VI+
Strategy Logic: Vortex Indicator Algo
Long Entry: Send LE when VI + cross Over VI –
Long Exit: Either when SL or Target hit. If SL/TGT not hit and VI + cross Under VI -, send LX and SE
Short Entry: Send SE when VI + cross Under VI –
Short Exit: Either when SL or Target hit. If SL/TGT not hit and VI + Cross Over VI – send SX and LE
Vortex Indicator Strategy Parameters for TradingView Charts
Intraday Trade Session: Entry Trade takes only in this session.
EXIT Session: Trades squared off in this timeframe
Quantity: Secify the trade quantity
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit
Custom Target in Points: Movement in chart price against the momentum which will trigger exit
TradingView Settings
STEP 1: Download The Vortex Indicator Pine Script Algo here
2nd STEP: Open desired Chart in trading View with normal Candlestick, Select desired timeframe of the chart, Go to the pine editor section, remove the default code, paste the downloaded Vortex Indicator code, save the file and chart
3rd STEP: Apply to the chart, click on settings to optimize parameters for your own trading.
Setting Up Alert
Before setting up an alert make sure to select the desire script, timeframe, strategy settings, configure the APIBridge and running. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: do not change any settings during live trading.
NOTE: The pinescript works both with webhook alerts (TV Pro plan) and normal popup alerts (TV free plan).
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