Forex Forums |

Go Back   Forex Lasers Forum > METATRADER FORUM > Indicators Discussion

3D Oscillator - Vertex FX Indicator

Indicators Discussion

LinkBack Thread Tools Search this Thread
Old 22-01-2016, 13:06
Level 1 Lasers Member
Join Date: Jan 2016
Posts: 1
Default 3D Oscillator - Vertex FX Indicator

3D Oscillator is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals for market cycles and turning points. It is derived from Relative Strength Index (RSI), Commodity Channel Index (CCI) and the Stochastic indicator.
Since it is based on oscillators which identify market turning points, the combination of these oscillators, and smoothing them to eliminate lag enhances the quality of the signals.
The concept behind the indicator is that CCI and RSI provide us information of market saturation and turning points. As the price saturates and moves sideways, starts to change its direction.
In the first step we calculate the RSI based on the D1_RSI_PERIOD.
In the second step we calculate the CCI based on D3_TUNNEL_PERIOD.
In the third step we calculate the Stochastic of the RSI based upon the D2_STOCH_PERIOD. The Stochastic RSI is the difference between the current RSI and the minimum value of RSI over recent D2_STOCH_PERIOD, divided by the difference between the maximum and minimum values of RSI over the same period.
We then calculate the intermediate smoothed sum of the CCI and the Stochastic RSI, which is equal to :
HOT x CCI + (1 - HOT) x Stochastic RSI. Finally, the 3D Oscillator BLUE (MAIN) line is calculated by smoothing this intermediate smoothed sum with the previous value of the BLUE line using the SIGNAL_SMOOTH.
The RED (SIGNAL) line is calculated from the BLUE line by smoothing it again using the SIGNAL_SMOOTH.

BUY - Enter BUY trade when indicator BLUE line closes above the indicator RED line below the zero line.
SELL - Enter SELL trade when indicator BLUE line closes below the indicator RED line above the zero line.
Attached Thumbnails
3D Oscillator - Vertex FX Indicator-1.-3d-oscillator.png  
Attached Files
File Type: zip 1. 3D (33.3 KB)
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
indicator kakeeb Forex Discussion 3 13-11-2020 21:27
FREE "Elliot Wave Divergence Oscillator" vic2 Indicators Discussion 3 29-04-2016 06:05
auto slntp for vertex omsaitech5551 Forex Discussion 0 19-10-2015 07:01
auto slntp for vertex omsaitech5551 Expert Advisors / Robots 0 16-10-2015 11:44
What is your asking to INDICATOR'S...? chin100 Forex Discussion 1 09-12-2014 05:30

All times are GMT. The time now is 03:54.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2021, vBulletin Solutions, Inc.