Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Search the Community

Showing results for tags 'vertexfx'.

More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Welcome to Traders Laboratory
    • Beginners Forum
    • General Trading
    • Traders Log
    • General Discussion
    • Announcements and Support
  • The Markets
    • Market News & Analysis
    • E-mini Futures
    • Forex
    • Futures
    • Stocks
    • Options
    • Spread Betting & CFDs
  • Technical Topics
    • Technical Analysis
    • Automated Trading
    • Coding Forum
    • Swing Trading and Position Trading
    • Market Profile
    • The Wyckoff Forum
    • Volume Spread Analysis
    • The Candlestick Corner
    • Market Internals
    • Day Trading and Scalping
    • Risk & Money Management
    • Trading Psychology
  • Trading Resources
    • Trading Indicators
    • Brokers and Data Feeds
    • Trading Products and Services
    • Tools of the Trade
    • The Marketplace
    • Commercial Content
    • Listings and Reviews
    • Trading Dictionary
    • Trading Articles


There are no results to display.

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



First Name

Last Name









How did you find out about TradersLaboratory?


Favorite Markets

Trading Years

Trading Platform


Found 3 results

  1. Firebird is an indicator to identify the price spikes in the market. Firebird indicator first calculates a 10-period moving average, then shifts this moving average a certain percentage above and below the 10-period moving average. The shifted averages are drawn on chart as the red and green line. When price touches these lines, price spike is identified. Usually after a price spike, the trend reverses for some time. The indicator can be used to take advantage of this price behaviors. In daily chart usually the 10 period MA is shifted by 2 percent to form the price bands. On lower time frames like Hourly, Four Hour a smaller percentage price shift is used like 0.5% . The important consideration here is most of the price bars must be contained within the upper and lower bands. When price reaches above the upper red band, a sell position is opened. When price reaches the lower green band, buy position is opened. Trades can be managed with proper stop loss and take profit. In the picture, Firebird indicator is attached to daily chart of EUR/USD with 2% shift on MA. Note that almost all price bars are within the price bands. And when price extends beyond these bands, price trend reverses and comes back into the bands. FireBird.zip
  2. Time Trader is a Server Side VTL Expert Adviser. The EA Opens a trade at the time specified. Markets may be highly volatile at some times during the trading day such as important news release time, London or US session open. Because of the high volatility, opening trades amnually at such times may be less efficient as price move very quickly and by the time the order details are entered into terminal, price may have significantly moved. Speed of execution is critically important in these situations. The time trader EA is a useful tool at such times. Time trader runs on the server and open positions at the specified time without any latency as it is running on the server. Enter the time to open the trade into the parameters of the EA, the time can be specified in Hour, minute, seconds format. Also the user can configure the EA to open a buy position or sell position or both at the same time. The EA applies stop loss and take profit specified by the user. Thus the EA can be used to open market neutral trade at important news release time. For a market neutral trade, open both buy and sell at the same time and apply a small stop loss and large target. One trade stops out, but the other trades make sufficient profit to end up with a net profit on both trades due to the big moves present at important news release time. In case the trader has got a directional bias, EA can open Buy or Sell position as specified in the parameters of the EA. TimeTrader.zip
  3. Hi I have converted the smooth candle indicator to VertexFX VTL script. VtertexFX users may find it useful. Smooth Candle Indicator smooth out the candles with moving average of Open, High, Low, Close. This indicator can be used with other filters to confirm trend or can be used as a filter to existing systems. Find out more SmoothCandleIndicator (2).zip
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.