| The Vortex Indicator is a technical analysis tool that was developed by Etienne Botes and Douglas Siepman. The indicator is used to identify the trend and the direction of the trend in a market. The indicator comprises two lines: the Positive Directional Index (+DI) line and the Negative Directional Index (-DI) line. The +DI line is designed to show the strength of the uptrend, while the -DI line shows the power of the downtrend. In addition to the two directional lines, the Vortex Indicator also includes an additional line known as the VI line, representing the absolute difference between the two directional lines. This line can be used to identify potential trend reversals or changes in the trend's strength. |
