vStore header

vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need

  • Choose from hundreds of VertexFX plugins/apps
  • VertexFX API toolkit to develop plugins/apps
  • Brand and sell your own plugins

Sign Up Now

ICWRa

ICRWa

ICWRa indicator is a VertexFx indicator that provides precise BUY and SELL signals by identifying market cycles using trends.

When the price moves in well-defined cycles, the trending indicators like Commodity Channel Index (CCI) and Average True Range (ATR) are useful in identifying trading spots where entry and exit signals can be taken. During sideways markets and whipsaws, these indicators can be tuned to avoid trades, or to exit losing trades quickly. The ICWRa indicator employs this strategy.

In the first step, we calculate the Commodity Channel Index (CCI) over the recent 50 bars.
In the second step, we calculate the Average True Range (ATR) values over the recent 5 bars.
In the third step, we calculate the standard deviation of the CCI and ATR over the recent 50 bars to identify the trading triggers.
When all the three components are rising, a BUY signal is generated by the indicator. Similarly, when all the three components are falling, a SELL signal is generated by the indicator.

This indicator can be used with another trend following indicators for confirmation of the signals.

The ICWRa indicator requires at least 50 candles on the chart.

BUY - Place BUY trade when the indicator has displayed a BUY (GREEN) arrow at the close of the candle. Avoid trading when repetitive BUY signals are encountered. Do not open the BUY trade if the candle has a gap-up opening. Place stop-loss below the nearest Swing Low or Support level.
SELL - Place SELL trade when the indicator has displayed a SELL (RED) arrow at the close of the candle. Avoid trading when repetitive SELL signals are encountered. Do not open the SELL trade if the candle has a gap-down opening. Place stop-loss above the nearest Swing High or Resistance level.

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:\Users\"Username"\AppData\Roaming\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.

Rate this product
0 vote
Favoured:
0

Listings details

Flat Monthly Fees
$0
Volume Monthly Fees
$0
Tech Support Fees
$0
Hits
155
Rating
On
25 October 2018
Attachment (Desktop)
Compatibility

Share This!

youtube-right

Search Plugins

Try VertexFX

download-button

ios-32 Android Icon Windows Phone VertexFX Web Trader VertexFX eBroker Icon VertexFX Backoffice

Community Forum

Ask, Share, Engage

Enter Forum

Project Zone

A Trader or A Developer?

Enter the Project Zone

Latest Projects

Sponsored Ad

Oblomov Auto Trader

Latest Plugins

ICWRa
ICWRa
Description: ICWRa indicator is a VertexFx indicator that provides precise BUY and SELL signals by identifying market cycles using tr ...
CCI Filter
CCI Filter
Description: CCI Filter indicator is VertexFX client-side indicator script based on the Commodity Channel Index -CCI and Moving Avera ...
Murrey Math Line
Murrey Math Line
Description: Murrey Math Lines F2 is a VertexFX indicator used to identify Support and Resistance levels and use these levels to trad ...

Most Reviewed Plugins

VertexFX Margin Call
VertexFX Margin Call
Description: *We have reviewed our prices for the next two months. Take the opportunity and get our plugins in a very competative price ...
VertexFX Bridge
VertexFX Bridge
Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ...
Butterworth 2 Pole
Butterworth 2 Pole
Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ...

Featured Plugins

Bollinger Bands High Low
Bollinger Bands High Low
Description: Bollinger Bands High Low (BB HL) indicator is a fine-tuned version of the Standard Bollinger Bands indicator. Bollinger ...
RECO
RECO
Description: RECO Auto Trader is a VertexFX client-side script that places trades by identifying the market trend. It is based on the ...
i-Intraday Fibonacci
i-Intraday Fibonacci
Description: i-IntradayFibonacci is a powerful VertexFX client side VTL indicator that displays the valid Fibonacci levels for the cu ...

About Us

Established in 2002, Hybrid Solutions provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.

Read More

Contact us

uk16 UK: +44-2-071-936-008
australia16 Australia: +61-280-114-343
USA Flag USA: +1-845-657-3272
HongKong Flag HK: +852-8199-0933
Jordan Flag Jordan: +962-6-552-0822

Send us Email

Join Our Mailing List

Email:  

Expos & Awards

VertexFX Awards

Hybrid Photo Gallery

  

  

VertexFX 11

VertexFX Cloud

VertexFX Cloud

Search Plugins

Latest Tweet

This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2018. All rights reserved.

Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.

Close