Vortex Oscillator System

The core strategy of this EA is based on the Vortex Indicator, developed by Botes and Siepman, which measures trend direction by calculating the ratio of positive movement (VM+) and negative movement (VM-) to true range (TR). Entry conditions trigger a long position when VI+ crosses above VI- and a short position when VI- crosses above VI+, constituting a classic trend-following crossover strategy. Exit conditions rely on predefined fixed stop loss and take profit levels, and positions may also be closed when an opposing crossover signal appears. Position sizing uses a fixed lot approach without dynamic adjustment based on account equity or market volatility. Money management lacks Martingale or grid mechanisms, but also does not implement risk-based position calculation, with risk control entirely dependent on static stop loss and take profit parameters. The overall strategy logic is simple and clear, but may generate frequent false signals in ranging markets leading to consecutive losses.