guru poornima 2023

SRSI 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

ICWRA VertexFX Indicator

ICRWa ICWRa indicator is a VertexFx indicator that provides precise BUY and SELL signals by identifying market cycles using trends. When the price moves in well-defined cycles, the trending indicators like Commodity Channel Index (CCI) and Average True Range (ATR) are useful in identifying trading spots where entry and exit signals can be taken. During sideways markets and whipsaws, these indicators can be tuned to avoid trades, or to exit losing trades quickly. The ICWRa indicator employs this strategy. In the first step, we calculate the Commodity Channel Index (CCI) over the recent 50 bars. In the second step, we calculate the Average True Range (ATR) values over the recent 5 bars. In the third step, we calculate the standard deviation of the CCI and ATR over the recent 50 bars to identify the trading triggers. When all the three components are rising, a BUY signal is generated by the indicator. Similarly, when all the three components are falling, a SELL signal is generate

Double Smoothed AMA VertexFX Indicator

Double Smoothed Adaptive Moving Average (DSAMA) is a VertexFX indicator based on the Simple Moving Average (SMA) indicator. One of the biggest drawbacks of the SMA is the presence of lag which delays trade entries and exits. The DSAMA indicator offers three advantages of the SMA indicator. First and foremost, unlike the fixed period of the SMA, the period of the DSAMA is adaptive and is calculated based on a fast and slow period range. As a result, it shows a better response than normal SMA. Secondly, by using a smoothing algorithm, the lag is reduced thereby allowing traders to enter and exit trades faster before the price has moved too far away. Building the Indicator: In the first step, we calculate the greatest and smallest value of the price over the recent PERIOD candles. Based on the greatest, smallest, and the current value, the smoothing coefficient is calculated. Finally, the two levels of smoothing are applied, one using the FAST_PERIOD and then using the SLOW_PERIOD to red

VertexFX Indicator

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