Vortex Oscillator Indicator

Vortex Oscillator Indicator

Vortex oscillator indicator for mt4 – download free. Best trend following indicator for mt4. Accurate trend reversal indicator for mt4.

Vortex Oscillator Indicator For MT4 is the best custom trading tool for identifying trend reversal and the potential trending direction of an asset. It comes with blue histogram bars to signify a trend reversal and also to define the trend bias of the market.

This technical indicator depicts a potential bullish reversal when a histogram bar moves above the 0.00 center line and a bearish reversal when the bar is below the centerline. Conversely, it prints more histogram bars above/below the center level to indicate a continuation of a bullish/bearish trend respectively.

The Vortex Oscillator indicator is recommended for beginners, intermediate, and experienced forex traders. Besides, it is also suitable for different trading styles like scalping, day/intraday, and swing trading.

How To Trade With Vortex Oscillator

The above screenshot depicts how the indicator would look on your MT4 chart. It also illustrates how to identify an optimal trade entry zone.

The Vortex Oscillator indicator may be used as a stand-alone tool for BUY/SELL entries. However, it is recommended to be used along with price action/other technical indicators for better trade efficiency.

BUY and SELL Signal: Firstly, wait for a histogram bar to cross above the centerline of the indicator. You may then open a BUY/LONG position after price action also confirms the uptrend with a bullish candlestick pattern (e.g. bullish engulfing). The above principle is also applicable to generating SELL signal and entry.

Conclusion
The Vortex Oscillator for MT4 is a promising technical indicator that has the potential of boosting your win rate in the financial trading industry. What’s more, it is chart-friendly and easy to use. Finally, the indicator is free to download.