Selecting a Timeframe for the VTS Indicator
Summary
VTS_HTF is presented as a version of the VTS indicator with a timeframe selection input. The user can specify the indicator’s chart period, with the example showing a four-hour period. This allows the indicator to reference a chosen timeframe while being used from a chart that may have a different period.
The document gives only a brief description and an installation requirement: the compiled VTS indicator file must be placed in the platform’s indicators folder. It does not describe how VTS is calculated, what its plotted values mean, or how a trader might turn them into entry or exit rules. There are no examples, comparisons across timeframes, or performance results. The text therefore documents timeframe selection and setup, but offers too little information to judge the indicator as a standalone strategy or evaluate the risks of using signals from another timeframe.
Key ideas
- VTS_HTF adds a timeframe selection input to the VTS indicator.
- The example input uses a four-hour indicator period.
- The compiled VTS indicator file must be installed in the platform’s indicators folder.
- The document provides no calculation details, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.