Vortex Gain Modified MT4 System is a “trend following” strategy based on the Vortex Indicator. The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman to identify the start of a new trend or the continuation of an existing trend within financial markets.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M15 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY
MetaTrader Trading Indicators
- Vortex Indicator
- Step MA
- Buzzer Line
- FGF BURDYS
- FGF FBURD
- FGF BURD
BUY Rules
- Vortex green line above the red line and > 1.05
- FGF_BURDYS and FGF_FBURD indicators draw blue bar
- Step-MA and Buzzer Line lime color
SELL Rules
- Vortex green line below the red line and < 0.95
- FGF_BURDYS and FGF_FBURD indicators draw red bar
- Step-MA and Buzzer Line magenta color
Trading NOTES
- Use a demo account or a small live account first to practice this trading strategy
- Exit trade when indicators turn against your trade direction.
- A trailing stop could be applied, stop loss for it depends on the timeframe
- A stop loss should be placed at previous low or high
- Find the currency pair in trend and trades only in the direction of the major trend