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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Code for VORTEX indicator

Code for VORTEX indicator Rate this Topic:
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limitless4646
Posted : Tuesday, October 10, 2017 11:37:53 PM
Registered User
Joined: 4/3/2014
Posts: 22

Hello, 

I was able to match the tc2000 vortex indictor with other vortex indicators and there seems to be a major difference. I was wondering if you could have another look at it. 

Thanks
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Bruce_L
Posted : Wednesday, October 11, 2017 9:03:32 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Please try creating two Custom PCF Indicators in the same pane and scale using the "alternate" formulas in the Vortex Indicator (VI) topic to see if it matches your other sources.

For example, the formula for the 14-period alternate calculation of +VI would be the following.

AVG(ABS(H - L1), 14) / IIF(ATR14 > 0, ATR14, 1)

And the formula for the 14-period alternate calculation of -VI would be the following.

AVG(ABS(L - H1), 14) / IIF(ATR14 > 0, ATR14, 1)


-Bruce
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