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Vortex TF Buy/Sell Signals with Demand & Supply

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Vortex Indicator ๐Ÿ“Šโœจ:
It is used to calculate the positive and negative movement of the price by calculating from the difference between the high and low prices of the past periods. ๐Ÿ”ผ๐Ÿ”ฝ
This indicator uses the True Range and Simple Moving Average (SMA) values โ€‹โ€‹โ€‹โ€‹for calculation. ๐Ÿ“ˆ

The Vortex values โ€‹โ€‹โ€‹โ€‹in each template are averaged together to get a more reliable signal. ๐Ÿ“Š

Green arrows (โ†‘) are buy signals โœ…
Red arrows (โ†“) are sell signals โŒ
Demand and Supply Levels ๐Ÿท๏ธ:
Demand Level: is the lowest price level in the specified period (look at the lowest price in the length period) ๐Ÿ’š
Supply Level: is the highest price level in the specified period (Look at the highest price in the length period) โค๏ธ
Both levels are displayed on the chart to help assess the price level that may have a reversal or change in direction. ๐Ÿ“‰๐Ÿ“ˆ

Show buy and sell signals: When a buy or sell signal occurs, a green (โ†‘) or red (โ†“) arrow will appear on the chart at the lowest or highest price position, respectively. ๐Ÿ”ด๐ŸŸข

Show Demand and Supply levels: Demand (green) and Supply (red) levels are displayed as lines on the chart, helping you see the price level that may have a price reversal in the future. ๐Ÿ”๐Ÿ”ฝ

Conclusion: Using this Vortex Indicator is superior to the general type in that it can increase the accuracy and avoid false signals better because it is calculated from multiple perspectives from different time periods, making the signals obtained the most reliable and stable. ๐Ÿ’Ž

This indicator works on
#crypto #forex #gold and all assets.

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