Ki Signals is a VTL Client Side Indicator. Ki Signals finds the trend reversal with the aid of Moving Averages and plots up and down arrows when Ki Signals indicator identify trend reversal.

It calculates two Moving Averages, fast and medium term of periods 3 and 10. Then it calculates a comparatively longer term (16) exponential moving average of the difference between fast and medium term moving averages calculated in first step. When the longer term EMA cross above zero, it plots an up arrow showing trend is turning upward and when it cross below zero, it plots a down arrow indicating trend is turning down.

Ki Signals is similar to MACD indicator in construction but the logic is different. Ki Signals indicator can be used to generate trading signals or it can be used as a trend filter. In trading ranges, it will produce false signals as the case with technical analysis indicators. Use it together with other filters to avoid false signals.

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.