
Vertex Indicator - a successful combination of indicators
Vertex Indicator is a combined oscillator that combines the readings of several indicators, which makes it possible to accurately predict the trend reversal. The Vertex MOD 3.01 alerts + arrows is composite and includes two modules, one of which is a basic oscillator. The visualization of the optimal places for entering the market is the signal arrows - the ease of interpretation of signals attracts beginners, however, experienced traders are often used by such an indicator in their systems.
Characteristics of Vertex Indicator
Platform: Metatrader4
Currency pairs: Any
Trading Time: Around the clock, recommended European and American sessions
Timeframe: Any, recommended H1 and higher
How does the Vertex Indicator work
Vertex Indicator is the result of combining three classic indicators: Momentum, Moving Averages and Bollinger Bands. These tools are in the list of free applications in MT4, and therefore known to both beginners and experienced traders.
The markup of the indicator is formed step by step:
Vertex MOD 3.01 alerts + arrows calculates a modified version of Momentum, which is represented on the chart with blue and red lines.
The information obtained is used to build Bollinger envelopes.
Arrows to identify the turning points on the price movement chart simplify the orientation in the market situation, providing the trader with specific signals for entry. The Vertex Indicator can be used with the default settings, so you do not need to change them during the installation, but you can adjust all important options if you want: