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TTF - The Trend Trigger Factor Indicator

by clonex, 2287 days ago
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The Trend Trigger Factor Indicator is similar to the RSI Indicator. This indicator was originally used to trade and and analyze price movements in the stock exchange and commodities market.The TTF 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 TTF crosses up above the -100 level. Levels above the center line are bullish.
A sell signal is generated when the TTF crosses below the +100 level. Levels below the zero center line are bearish.


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Type: Trading Indicator

Object ID: 1348


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