Trend Trigger Factor Expert Advisor Setup - Setting Up Trend Trigger Factor Expert Advisor

Trend Trigger Factor Expert Advisor Setup - A trader can come up with an Trend Trigger Factor Expert Advisor based on the Trend Trigger Factor indicator explained below.

Trend Trigger Factor Expert Advisor rules can be combined with other indicators to come up with other EA Bots that trade using rules based on two or more indicators combined to form a system.

Trend Trigger Factor (TTF) Technical Analysis & TTF Signals

Trend Trigger Factor is similar to the RSI. This indicator was originally used to trade & analyze price movements in the stock exchange and commodities market.

Trend Trigger Factor Expert Advisor Setup

Technical Analysis & Generating Signals

The TTF indicator is used as a trend identification indicator. It uses an n number of price periods to calculate the direction of the market trend, whether it is an upwards trend or a downward trend using the bears power or bulls power indicator.

Buy Signal

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 - Trend Trigger Factor Expert Advisor Setup

Sell Signal

A sell signal is generated when the Trend Trigger Factor crosses below the +100 level. Levels below zero center line are bearish.

TTF Sell Signal - Trend Trigger Factor EA Setup