OPEN-SOURCE SCRIPT

Vortex Signals [Gabremoku]

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Vortex Signals [Gabremoku] is a reworked version of the classic Vortex Indicator designed to make directional shifts easier to read and less reactive than raw crossover-based interpretations.

Instead of treating every VI+ / VI- crossover as a direct trading signal, this script uses the Vortex lines as a regime detector first, then looks for signal quality through spread expansion and re-activation after a pullback. The goal is to reduce the noisy sequence of repeated entries and exits that often appears when the standard Vortex is used on its own.

What the script does:

Plots the classic Vortex components, VI+ and VI-.

Fills the space between the two lines with a dynamic gradient that reflects which side is dominant and how strong the current spread is.

Detects bullish and bearish dominance regimes.

Uses a signal engine based on regime change, spread expansion, and first valid continuation after weakening.

Prints compact chart markers for LONG, SHORT, and CLOSE events.

Includes a dashboard to show current state, sequence status, setup condition, spread, slope, and directional bias.

How it works:

Regime: the script first determines whether VI+ is above VI- or VI- is above VI+.

Spread: it measures the distance between the two Vortex lines to evaluate whether dominance is meaningful or weak.

Expansion: a regime becomes more relevant when the spread rises above its short baseline and continues widening.

Trigger logic: instead of firing on every crossover, the script waits for either an early valid impulse after regime change or the first useful re-expansion after a pullback inside the same regime.

Why this is different from the classic Vortex:

The built-in Vortex is often read through raw line crossovers.

This script reframes the indicator as a dominance and continuation tool rather than a pure crossover trigger.

The signal engine is designed to capture cleaner transitions and continuation phases while avoiding part of the back-and-forth noise that often occurs in choppy conditions.

How to use it:

In Long mode, focus on bullish dominance and the appearance of a LONG marker after spread expansion or re-expansion.

In Short mode, focus on bearish dominance and the appearance of a SHORT marker after the same logic on the opposite side.

CLOSE markers appear when the opposite Vortex condition breaks the active sequence.

Suggested use:

This script is generally better suited to trending or directional environments than to highly compressed sideways markets.

In my testing and chart observation, the signals can appear cleaner on the 1H timeframe, where short-term noise is often reduced compared with very low timeframes, but users should still adapt settings to the instrument and market structure they trade.

Notes:

This indicator is not predictive and does not guarantee profitable signals.

It should be used as a decision-support tool together with price structure, risk management, and broader market context.

As with any directional model, false signals can still occur during whipsaw or transition phases.

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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.