F.B_Vortex Indicator Pro

1월 12일

The "F.B_Vortex Indicator Pro" is a technical analysis tool designed to identify trends in financial markets. It calculates two Vortex Indicators (VI) based on price movements, considering positive and negative price changes.

The [1] smoothed VI+ line represents the smoothed negative trend, while the [2] smoothed VI+ line represents the smoothed positive trend.

The crossing of the [2] smoothed VI+ line above the [1] smoothed VI+ line could indicate a potential bullish trend.
Conversely, the crossing of the [1] smoothed VI+ line above the [2] smoothed VI+ line suggests a possible bearish trend.

The "Smoothed VI-" line is also displayed.
When the Smoothed VI- line is above both the [1] smoothed VI+ line and the [2] smoothed VI+ line, it may signal a transition to a bearish main trend or indicate an expected one.

When the Smoothed VI- line is below both the [1] smoothed VI+ line and the [2] smoothed VI+ line, it may indicate a transition to a bullish main trend or suggest an expected one.

Adjustments can be made using input parameters such as length and smoothing periods to tailor the indicator to specific market conditions.