LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesTechnicalAnalysisGuidetoTechnicalAnalysisTechnicalAnalysisBasicEducationAdvancedTechnicalAnalysisConceptsTechnicalAnalysisTechnicalAnalysisBasicEducationWhatistheVortexIndicator(VI)?Avortexindicator(VI)isanindicatorcomposedoftwolines-anuptrendline(VI+)andadowntrendline(VI-).Theselinesaretypicallycoloredgreenandredrespectively.Avortexindicatorisusedtospottrendreversalsandconfirmcurrenttrends.UnderstandingVortexIndicator(VI)ThevortexindicatorwasfirstdevelopedbyEtienneBotesandDouglasSiepmanwhointroducedtheconceptina2009editionof“TechnicalAnalysisofStocks&Commodities.”Thevortexindicatorisbasedontwotrendlines:VI+andVI-.VortexIndicatorCalculationsThecalculationfortheindicatorisdividedintofourparts.1.Truerange(TR)isthegreatestof:CurrenthighminuscurrentlowCurrenthighminuspreviouscloseCurrentlowminuspreviousclose2.Uptrendanddowntrendmovement:VM+=AbsolutevalueofcurrenthighminuspriorlowVM-=Absolutevalueofcurrentlowminuspriorhigh3.Parameterlength(n)Decideonaparameterlength(between14and30