Reply To: Vortex Indicator

[Matthew]

Hi,

I had this script saved from awhile ago for the Vortex Indicator which works with a Show View tool:

//Set True Range TR=TRUERANGE() ; //Set VM plus and minus VMPLUS= ABS(HIGH() - LOW(1)); VMMINUS = ABS(LOW() - HIGH(1)); //Sum using 14 Days SUMTR=ACC(TR, RANGE=Look Back Period, BARS=14); SUMVMP = ACC(VMPLUS, RANGE=Look Back Period, BARS=14) ; SUMVMM = ACC(VMMINUS, RANGE=Look Back Period, BARS=14) ; //Build the Plots of the Indicator plot1 = SUMVMP / SUMTR ; plot2 = SUMVMM / SUMTR ; plot3 = 1 plot1.Colour = Green; plot2.Colour = Red; plot3.Colour = Gray; plot3.Linestyle = Dash;

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//Set True Range TR=TRUERANGE() ; //Set VM plus and minus VMPLUS= ABS(HIGH() - LOW(1)); VMMINUS = ABS(LOW() - HIGH(1)); //Sum using 14 Days SUMTR=ACC(TR, RANGE=Look Back Period, BARS=14); SUMVMP = ACC(VMPLUS, RANGE=Look Back Period, BARS=14) ; SUMVMM = ACC(VMMINUS, RANGE=Look Back Period, BARS=14) ; //Build the Plots of the Indicator plot1 = SUMVMP / SUMTR ; plot2 = SUMVMM / SUMTR ; plot3 = 1 plot1.Colour = Green; plot2.Colour = Red; plot3.Colour = Gray; plot3.Linestyle = Dash;

This is how it looks on the chart:

1 user thanked author for this post.

Jeffrey A.