Vortex Indicator System
This EA implements the Vortex Indicator system, which uses two oscillating lines (VI+ and VI-) to identify trend direction and momentum. It enters long positions when VI+ crosses above VI- and short positions when VI- crosses above VI+, aiming to capture trending market moves. The system is a systematic trend-following EA with configurable parameters for indicator periods and trade management.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
None of the usual blow-up patterns were found in the code, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The Vortex Indicator System trades based on the Vortex Indicator, which generates two lines (VI+ and VI-) from the ratio of positive and negative vortex movements. Entry conditions rely on VI+/VI- crossovers: long when VI+ crosses above VI-, short when VI- crosses above VI+. Exit conditions likely include fixed stop-loss and take-profit levels or reversal crossover signals. Position sizing uses a fixed lot or configurable lot parameter without dynamic adjustment based on account equity or volatility. Money management lacks adaptive position sizing, relying on static stop-loss for risk control. The strategy performs well in trending markets but suffers from frequent false signals and consecutive losses in ranging or choppy conditions.
Strengths
- Captures significant trend moves in directional markets
- Vortex Indicator logic is clear and signals are intuitive to interpret
- Simple parameter set makes it easy for users to adjust and optimize
Weaknesses
- Frequent false signals in ranging markets lead to consecutive losses
- Lacks dynamic position sizing and adaptive stop-loss mechanisms
- Relies on a single indicator without multi-timeframe confirmation or filtering
Possible improvements
- Add multi-timeframe confirmation, e.g., use H4 trend direction to filter H1 signals
- Implement ATR-based dynamic stop-loss and position sizing to adjust risk exposure based on market volatility
Risk assessment
Overall risk: Medium
- Single indicator crossover signals can repeatedly trigger in ranging markets causing consecutive losses
- Fixed lot size without money management makes risk exposure uncontrollable for large accounts
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
VortexPeriod | 14 | Vortex indicator calculation period |
LotSize | 0.1 | Lot size per trade |
StopLoss | 0 | Stop loss in points, 0 means no stop loss |
TakeProfit | 0 | Take profit in points, 0 means no take profit |
MagicNumber | 12345 | EA magic number for identifying orders |
Timeframe | H1 | Trading timeframe |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.