VertexFX Indicator

The sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the Relative Strength Index (RSI) indicator. The RSI indicator is useful in identifying the trend of the strength as well as the end of the trend. However, one of the drawbacks of the sRSI is that it introduces lag. Another drawback of RSI is that since all price changes are given equal weightage the more recent price changes are not reflected quickly in the calculations. The sRSI solves this drawback by giving weightage to the more recent price changes. The traditional RSI uses only Close prices. The sRSI uses Open, High, Low and Close prices to capture not only the change in trend but also the strength of the trend within the candle. We use two levels to identify the strength of the sRSI. The primary Neutral Zone level is used to identify sideways trend. When sRSI is inside the NEUTRAL_ZONE the trend is considered sideways. When sRSI crosses above the Neutral

The WPR+CCI is a powerful VertexFX client-side indicator based on the Williams Percent Rank (WPR) and the Commodity Channel Index (CCI). The Williams Percent Rank indicator provides insights into the current price with respect to its historical highs and lows over the specified period. Lower values of WPR suggest bearish trend and higher values of WPR indicator bullish trend. The WPR is bounded between -100 and 0. The Commodity Channel Index (CCI) measures the price variations from its statistical mean. Traders use CCI to help identify price reversals, price extremes and trend strength. The CCI typically oscillates above and below a zero line. Normal oscillations will occur within the range of +100 and -100. Readings above +100 imply an overbought condition, while readings below -100 imply an oversold condition. The WPR+CCI indicator uses the WPR as the primary indicator and the CCI as the filter indicator. When the WPR is rising and the CCI is above +80 the WPR+CCI indicator turns BL

The MBA is a powerful VertexFX client-side indicator based on four indicators, namely MACD, RSI, Stochastic Oscillator and Momentum indicator. Each of these indicators have specific characteristics and responds to the price changes in different ways. By combining these four indicators MBA provides a holistic view of the price movements. The MACD and Stochastic Oscillator provide a good insight into the strength of the trend. When both of these are rising it is the sign of a strong bullish trend. When they are falling it is a sign of a strong bearish trend. When MACD and Stochastic Oscillator are moving in opposite direction it points to trend exhaustion or sideways direction. The Momentum indicator tells us how far the price has changed over the reference period. Greater the value of Momentum, stronger the trender. The raw MBA value is calculated by multiplying the sum of MACD and RSI with the Stochastic value, and then dividing it by the Momentum. The refined MBA is then derived by c