The Vortex indicator using hourly data has gone short the AUD (red line crossing above the blue) based on Friday's closing prices. As you can see from the chart the previous indicator highly profitable, however, prior to that, the track record is choppy based on hourly data.
Using monthly data long term Vortex indicators for a number of major currency pairs have gone short the dollar. This has occurred in the following pairs: AUD, CAD, EUR, CHF, and in EURCHF (long EUR). However, these signals need to be taken with a pinch of salt and need to be interpreted in conjunction with other technical and statistical analyses.
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