The Vostro Indicator by KIVANÇ fr3762

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The VOSTRO indicator is a trend indicator that automatically provides buying and selling signals. The indicator marks in a window the potential turning points. The indicator is recommended for scalping.

The Vostro indicator determines the overbought zones (value greater than +80) and the oversold zones (less than the -80 level)

BUY signal: The Vostro curve moves below the -80 level and forms a trough – Turnaround of the upward trend

SELL signal: The Vostro curve moves above the +80 level and forms a peak – Downward trend

further info:

Here's the link to a complete list of all my indicators:

Yazar: KıvanÇ @fr3762 twitter

Şimdiye kadar paylaştığım indikatörlerin tam listesi için:

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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Twitter: @kivancozbilgic