Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, CryptoCurrency and NFTs

Crypto Kong

You are not connected. Please login or register

Leman Trend Alert VertexFX

Go down  Message [Page 1 of 1]

1Leman Trend Alert VertexFX Empty Leman Trend Alert VertexFX Mon May 11, 2015 5:25 pm



This is a client side VTL script for VertexFX Terminal

Leman Trend indicator tries to identify the trend direction by measuring price acceleration. For price acceleration, Leman trend uses 3 different periods. The upward momentum of price is plotted as a green line and downward momentum as a red line.

When the upward momentum rises above downward momentum, (green line crossing above red line) trend direction is up and the opposite for down trend. The green and red line cross over can be used for trading signals. When green line rises above red line, price is expected to trade higher and when red line rises above green line, price is expected to trade down.

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this link.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum