Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Etienne Botes and Douglas Siepman
DownloadThe Vortex Indicator by Etienne Botes and Douglas Siepman
ARTICLE SYNOPSIS ...The Vortex Indicator by Etienne Botes and Douglas Siepman The search for a reliable technical indicator for trading a change in market direction seems to be a never-ending quest. Ideally, such an indicator should be on time; neither lagging the market nor too sensitive. The Vortex Indicator was developed as a new directional movement indicator, drawing inspiration in part from J. Welles Wilder's directional movement indicator. The result is a simple but effective indicator that can be used to develop intriguing trading ideas. After thoroughly researching technical tools, we concluded that t...
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