Trend Trigger Factor (TTF) MetaTrader 4 Indicator & TTF Signals
Trend Trigger Factor is similar to the RSI. This indicator was originally used to trade & analyze price movements in the stocks exchange & commodities market.
MT4 Indicator and Generating Signals
The TTF Forex MetaTrader 4 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's an upward trend or a downward trend using the bears power or bulls power indicator.
Buy Signal
A buy signal gets generated when the Trend Trigger Factor crosses up above the -100 level. Levels above the center line are bullish.
TTF Buy Signal
Sell Trading Signal
A sell signal gets generated when the Trend Trigger Factor crosses below the +100 level. Levels below zero center line are bearish.
TTF Sell Signal