The Forex vortex indicator for Metatrader 4 looks similar to the popular J. Wilder’s ADMI indicator but uses different settings and market analysis tools.
The Vortex indicator only measures the trend, and not the strength of the trend.
Trading Signals
Buy signal:
Green vortex line crosses the red line upwards.
Sell signal:
Red vortex line crosses the green line upwards.
Trading Tips
Use in conjunction with other trading indicators to develop a system or strategy.
Indicator Preferences
Currency pairs: any
Time frames: any
Trading sessions: any
Download
Download the Vortex Indicator.mq4 indicator.
Configurable Indicator Options
VI length, colors, …
EUR/USD H1 Chart Example
How to install the Vortex custom indicator in Metatrader 4?
- Download the Vortex Indicator.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.