The Vortex indicator is an exciting analysis tool developed by two of the most popular names in the field of trading Etienne Botes and Economist Douglas Siepman.
This Indicator is designed to help the trader to identify the possible price movements and reversals. This indicator is based on the concept of the natural flow of water as it flows around the obstacles caused by market uncertainties.
What is a Vortex indicator?
A Vortex indicator is a technical analysis tool that was designed to help traders identify the possible market movements and the direction of trends in the Financial market.
As I said above, This indicator was created by the two most popular names in the field of trading name Etienne Botes and Economist Douglas Siepman.
Their main motive for introducing this indicator was to help traders all around the globe identify the possible security price movements properly and point out the upcoming trends and reversals.
The indicator is made from the composition of two moving average lines that are positive vertex (+VI) and negative vortex (-VI).
Unboxing Vortex Indicator
The Vortex indicator is made from the composition of two moving average lines named Positive Vortex (+VI) indicator and Negative Vortex (-VI).
These two lines oscillate around the middle line. Talking about the positive vortex positive and negative vortex lines. The positive vortex line measures the upward moment while the negative Vortex line measures the download movement. When these two lines intersect each other It helps traders to identify upcoming trends and reversals.
How to add Vortex Indicator on Pocket Option?
Pocket Option offers a demo account where you can easily practice trend indicators including Vortex Indicator for free. To add Vortex Indicator on Pocket Option. First, log in to your Pocket Option account next, click on the indicator button and lastly, select the indicator name from the list.
Finding signals with Vortex indicator
As I said above, when the positive vortex (+VI) and the negative vortex (-VI) line intersect each other it generates buy and sell signals.
An uptrend or buy signal occurs when the positive line (+VI) line intersects above the negative (-VI) line Similarly, A downtrend or sell signal occurs when the positive line intersects below a negative line.
Conclusion
Vortex Indicator is one of the most popular trading indicators however, It is commonly used in conjunction with other trend indicators. In Pocket Option you can easily combine the Vortex indicator with other trend indicators like Super Trend & more I will highly suggest you try this indicator on the Pocket Option demo account and once you are confident enough you can shift to Pocket Option real account.