Vortex Indicator Cloud-Color Trading System
Summary
The document describes an automated strategy that uses the Vortex Indicator’s cloud color to determine position changes. It opens a trade when the cloud changes color at a bar close, then exits through a pending order or when the cloud turns opposite to the position. This makes the indicator’s directional shift the central entry and exit signal.
The document notes that the displayed tests use the expert advisor’s default inputs and omit stop loss and take profit. It identifies a USDCHF H4 test for 2011 and refers to charts of deal history and test results, but supplies no numerical performance measures or analysis of robustness. The example therefore illustrates the system’s mechanics without establishing its profitability or how it performs across other markets and settings.
Key ideas
- The system enters when the Vortex Indicator cloud changes color at bar close.
- Positions exit through a pending order or an opposite-color signal.
- The cited USDCHF H4 test covers 2011 and uses default advisor inputs.
- The reported test omits stop loss and take profit, and provides no numerical performance metrics in the text.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.