Does Vortex crossover work in forex?

Tested on 25,307 trades across 15 instruments and 6 timeframes, with the real spread charged on every one and the last 30% of each window scored separately.

What is R? R is one unit of risk — whatever you decided to lose if the trade went against you. +1R means you made that amount; −1R means you lost it. Results are in R rather than pips because forty pips on gold and forty on EURUSD are not the same trade, so pooling pips would let whichever instrument has the biggest pip count decide the answer.
No. It performs the same as entering at random on the same charts.
In plain terms: risking $100 a trade, this returned −$6.07 per trade on average, against −$6.15 for entering at random on the same charts — before any commission.
That is -0.0607R per trade against -0.0615R. Win rate 36.6%, profitable in 37 of 90 pair-and-timeframe combinations.

By timeframe, against a coin flip

Bar chart of Vortex crossover expectancy in R per trade across six forex
  timeframes, each beside randomly placed entries run through the same engine.
TimeframeTrades Vortex crossoverRandom entriesDifference Profitable runs
5 minute10,187-0.1242R-0.1074R-0.01681/15
15 minute3,693-0.0278R-0.0661R+0.03838/15
30 minute4,383-0.0385R-0.0323R-0.00625/15
1 hour4,258-0.0044R-0.0076R+0.00328/15
4 hour2,019-0.0032R-0.0187R+0.01557/15
Daily767+0.0336R-0.0070R+0.04068/15

The random column is a coin flip through the identical engine — same candles, same stops, same spread. It is the only way to tell whether an indicator is contributing anything or whether you are simply watching the cost of trading. Its best timeframe here is Daily at +0.0336R.

By instrument

PairTrades ExpectancyProfitable runs
XAUUSD1,565+0.0032R4/6
USDJPY1,703-0.0147R3/6
GBPJPY1,620-0.0188R5/6
AUDUSD1,699-0.0236R3/6
GBPUSD1,573-0.0243R1/6
EURUSD1,646-0.0259R2/6
EURJPY1,718-0.0289R3/6
GBPCAD1,690-0.0441R4/6
GBPAUD1,604-0.0523R2/6
EURAUD1,687-0.0758R2/6
AUDJPY1,681-0.0771R1/6
NZDUSD1,747-0.0838R3/6
USDCHF1,781-0.1178R2/6
GBPCHF1,818-0.1222R1/6
USDCAD1,775-0.1805R1/6

A result that holds on one pair and collapses on the rest is not a finding, it is a coincidence with a name. Weight this table by how consistent it is, not by whichever row is highest.

How this was measured

Vortex crossover runs on its published settings, not tuned ones. Entries fill at the next bar's open, never the bar that produced the signal. The stop is four median bars wide for the timeframe and the target twice that, so the test is comparable across charts rather than measuring the stop distance. The real per-pair spread is charged on every trade.

Tuning it would produce a better number and a worse answer: the tuning would be the result. If you want to tune it yourself, the strategy tester runs the same engine on the same candles and reports the out-of-sample third separately.

Compare with

Every indicator in the study has its own page. The full table ranks all of them side by side.

The rest of the table

This indicator is one row of a larger comparison — 55 indicators, 4,950 backtests, 1,324,836 trades. The full laboratory ranks them all side by side, and explains why almost none of them beat the control on fast charts.

Want the setups, not just the maths?

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