Interested in learning about the Vortex Indicator? Jake from TrendSpider dives into the inner workings of the Vortex in this edition of our Technical Analysis series. Topics covered include what is the Vortex Indicator, how it works, and some examples of how traders put it to use to identify overbought or oversold price levels, as well as potential trend confirmation when paired with other signals. Subscribe to our Youtube Channel for more great content! 👇
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What is the Vortex Indicator?
The Vortex Indicator (VI) is composed of 2 lines that show both positive (VI +) and negative (VI -) trend movement. It was inspired by certain motions found in water and was developed by Etienne Botes and Douglas Siepman. The Vortex Indicator has a relatively straight forward application: it is used by traders to identify the start of a trend. The VI + line crossing the VI - line (or a key level) could be seen as a bullish signal. The VI - line crossing the VI + line (or a key level) could be seen as a bearish signal. These are key trend change points. The indicator is often used in combination with other signals.
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