by 
This indicator plots the Schaff Trend Cycle in a separate pane. It subtracts a slow exponential moving average from a fast one, applies a stochastic cycle twice, and smooths each result to form a 0–100 oscillator. Line color follows the slope, or the upper and
Indicator · Pine Script v4 · Own pane
Vortex Trend Tracker 2.0 + RSI
The Vortex Trend Tracker calculates positive and negative Vortex Indicator values smoothed with exponential moving averages.
GitHub stars47on the repository
Pine versionv4older, still runs
Lines of code68
Settings8inputs
LicenceNone stated
Last update5 years ago17 Jun 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Vortex Trend Tracker 2.0 + RSI plots a histogram representing the absolute difference between the smoothed positive and negative lines in a separate pane, alongside optional indicator lines and price bar coloring. It can also overlay multiple fast and slow Relative Strength Index calculations with filled zones. Crossovers between positive and negative directional lines trigger background color highlights for potential trend shifts. Input settings allow traders to customize Vortex period, EMA lengths, and RSI parameters.
- Vortex Indicator smoothed with exponential moving averages
- Absolute trend difference histogram with color coding
- Optional fast and slow RSI overlays with background fills
- Directional crossover alerts and background background highlights
Details
Published by
oguzhandilber on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Trend, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
pinescriptpinescript-indicatorspinescript-strategiestradingviewtrading-strategies
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length for Vortex | int | 30 | vortexLen |
| Length of Positive and Negative EMA's | int | 10 | emaLen |
| Color Price Bars Based on Vortex? | bool | true | colorBars |
| Plot VI+ and VI- Lines? | bool | true | plotVLines |
| RSI Source | source | close | rsiSrc |
| Length of Slow RSI | int | 29 | lenSlowRSI |
| Length of Fast RSI | int | 9 | lenFastRSI |
| Plot RSI Lines? | bool | false | plotRSI |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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