The Vortex Binary Options Indicator is a two-directional oscillator
based on the volatility of a trading asset. The parameters of the indicator, it
can be configured for both medium-term and long-term trades, and for short-term
trading.
Also, the indicator has three types of signals, which increases the
outcome and accuracy of the indicator
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| Vortex Indicator for BinaryOptions |
Indicator
characteristics for binary options Vortex
· Terminal: MetaTrader
4.
· Time
frame: M1-D1.
· Expiration:
1 candle or 10 candles.
· Option
types: Call / Put.
· Indicators:
Vortex.
· Trading
instruments: all currency pairs.
· Trading
time: 9: 00-17: 00.
· Recommended
brokers: Alpari, FinMax, Binary.com, IQ options
Installing the
indicator for Vortex Binary Options in MT4
The indicator is installed as standard in the MetaTrader 4 terminal.
To reduce the number of signals and increase their quality, you can
change the only indicator parameter to a higher value.
At the end of the article, you can also download a template with
indicators with all the necessary levels and settings.
Trading rules and examples of trades with the indicator for binary options
Vortex
The indicator bases its values on the volatility of the currency pair
or the the instrument used, and the more active the market, the greater the
fluctuation the amplitude of the indicator, while in the flat the indicator
remains in a narrow the channel, constantly intertwining with each other:
Expiration for any types of signals (which we will consider below) should be used from 10 candles. But for scalpers, you can try to trade with an expiration of 1 candle, but in this case, you should experiment with the indicator settings.
The intersection of Vortex indicator lines :
The first
and simplest signal that the Vortex indicator can generate is line crossings.
Therefore, to buy a Call option, the green line of the indicator must cross the
red one upwards, and to buy a Put option, the green line must cross the red one
from top to bottom:
As you can see,
during normal market activity, the intersection of the lines indicates where
the price will go.
Exiting the Vortex indicator range
The essence of the second type of signals is when the indicator lines
exit the range (black the channel in the Vortex indicator window). In this
case, after exiting the range, to buy a Call option, the green line must be above
the red (above), and to buy a Put option, the green line must be below the red
(below):
This method does not
require crossing the indicator lines, but if there is a crossing before exiting
the range, it will only strengthen the signal.
Trading from oversold and overbought zones of the Vortex indicator
The last type of signals involves trading from oversold and overbought
levels, which is also used in the Stochastic
Oscillator and RSI indicators, or in their general
form Stochastic RSI.
In this case, it will also be more convenient to use the green line,
since the red line is inverted. It is necessary to buy a Call option when
the green line has left or moves away from the oversold zone, and buying a Put
option is necessary when the green line has left or moves away from the
overbought zone:
Please note that it is desirable that the line
touches the level, and not just be near.
Also, an important
point will be that for different time frames the values of the levels will be
different, so it is worth testing this type of signals separately on different
time frames in order to choose the best option.
