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vStore   VTL Plugins Commercial Ehler’s Distance Coefficient Strategy Pro

Ehler’s Distance Coefficient Strategy Pro

Ehler’s Distance Coefficient Strategy Pro is a powerful VertexFX client side auto-trading robot. It is based on the trend-following Ehlers Distance Coefficient indicator which provides precise BUY and SELL signals.

This indicator has a minimal lag, of approximately 3 bars, which is very useful in detecting start of trends. In the first step we calculate the distance co-efficient - which is the sum of absolute difference between the current price and price MOM_PERIOD bars ago, calculated over the LOOKBACK period. This value is weighted once again over the recent MOM_PERIOD bars, to generate the Ehlers Distance Coefficient. It is similar to an EMA, but is faster with lesser lag and better response to change in trends.

Inputs :
a) MOM_PERIOD - The momentum period to calculate the distance co-efficient.
b) LOOKBACK - The lookback period to calculate the distance co-efficient.
c) LOT_SIZE - The lot size of the trade.
d) TP_POINTS - The take profit in points.
e) SL_POINTS - The stop loss in points.
f) MAGIC - The unique identifier for trades generated by this robot.
g) POINT_DEFAULT - The point value of the current instrument.

Changing Parameters can be done afrer attaching the vtl to chart.

Buy: Buy trade will be triggered when indicator colour turns BLUE. Exit BUY when indicator colour turns RED.

Sell:  Sell trade will be triggered when indicator colour turns RED. Exit SELL when indicator colour turns BLUE.

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.


Purchase

BY CLICKING ON "BUY NOW" BELOW, YOU ACCEPT OUR VSTORE TERMS AND 14 DAYS REFUND POLICY.

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Listings details

License
$100.00
Flat Monthly Fees
$0
Volume Monthly Fees
$0
Tech Support Fees
$0
Hits
3194
Rating
On
27 April 2016
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