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NINA

NINA is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals. The concept behind NINA indicator is using Average True Range (ATR) and threshold levels for trading. In the first step we calculate the Average True Range (ATR) over the WATR PERIOD. This value is multiplied by KWATR multiplier. In the next step, the average of this value is calculated again over the WATR PERIOD. Additionally, the maximum and minimum values are calculated over the same period. This value is divided into 3 steps, the minimum value, center value and the highest value.

Buy: Place Buy trade when a Buy (Green) arrow is displayed at the close of the candle. Do not place Buy trade if candle has gap-up opening, or if indicator Yellow line is below indicator Blue line. Place Stop-loss below the nearest Swing Low.

Sell: Place Sell trade when a Sell (Red) arrow is displayed at the close of the candle. Do not enter Sell trade if candle has gap-down opening, or if indicator Yellow line is above indicator Blue line. Place Stop-loss above the nearest Swing High.

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.

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Flat Monthly Fees
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On
18 January 2016
Attachment (Desktop)

Download NINA.vtl (582 views)

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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.

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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.

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