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Vortex Gain Modified MT4 System and Indicator


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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  • 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
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