Trend Trigger Factor (TTF) Forex Technical Analysis and TTF Forex Trading Signals
Trend Trigger Factor is similar to the RSI. This indicator was originally used to trade and analyze price movements in the stock exchange and commodities market.
Forex Technical Analysis and Generating Forex Trading Signals
The TTF Forex technical indicator is used as a trend identification indicator. It uses an n number of price periods to calculate the direction of the trend, whether it is an upward trend or a downward trend using the bears power or bulls power indicator.
A buy signal is generated when the Trend Trigger Factor crosses up above the -100 level. Levels above the center line are bullish.
TTF Buy Signal
A sell signal is generated when the Trend Trigger Factor crosses below the +100 level. Levels below the zero center line are bearish.
TTF Sell Signal