What is the Vortex Indicator? ... The vortex indicator is a relatively complex indicator that is not very common among retail traders. The indicator has two lines ( ...VortexIndicator:HowtoCaptureTrendMovements!×CloseWehopeyouenjoyreadingthispost.Doyouwanttotakeyourtradingtothenextlevel?DayTradeTheWorld™»TradingBlog»VortexIndicator:HowtoCaptureTrendMovements!Asatrader,havingagoodunderstandingoftechnicalindicatorsandhowtointerpretthemisveryessential.Theseindicatorshelpyoupredictthedirectionofafinancialasset.Therearehundredsofindicators,whichyoucanuseinthefinancialmarket.OneoftheseindicatorsisVortexindicator,whichwasdevelopedbyEtienneBotesandDouglasSiepman.ThetwodrewinspirationfromtheworkofAlexanderElder,whoisoneofthebest-knownauthorsinforex(andindicatorslikeElder’sForce).Inthisreport,wewilllookathowyoucanusetheindicatorinthefinancialmarket.PageContentsWhatistheVortexIndicator?HowtoCalculatetheVortexIndicatorVortexFormulaHowtoSettheIndicatorHowtousetheVortexIndicatorinChartsAdvantagesofUsingtheVortexIndicatorConsofusingtheVortexIndicatorConclusionWhatistheVortexIndicator?Thevortexindicatorisarelativelycomplexindicatorthatisnotverycommonamongretailtraders.Theindicatorhastwolines(oscillators)thatcapturepositiveandnegativetrendmovementsinthemarket.TheindicatorisnotinstalledbydefaultinmosttradingplatformsliketheMetaTrader.Instead,youhavetomanuallydownloadandinstallit.ThechartbelowshowstheVortexindicatorappliedintheGBP/USDpair.Asyoucansee,theindicatorhastwolines.ThebluelineisthepositivevortexindicatorwhilethepinklineisthenegativeVI.Thisindicatorisusuallyusedtoconfirmcurrenttrendsorspottrendreversals.VortexinCurrencyGBPUSDHowtoCalculatetheVortexIndicatorThecalculationofthevortexindicatorisrelativelycomplicated.However,aswehavewrittenbefore,thesecalculationsarenotnecessaryfortraders.Allyouneedtodoistoknowhowtheindicatorisinterpreted.IngeneraltherearethreepartstocalculatetheVortexindicator.First,youneedtocalculatethepositiveandnegativemovementsonthehighandlowsofthelasttwodays