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

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

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

Trend Trigger Factor (TTF) Forex Trading Technical Analysis & TTF 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.

Trend Trigger Factor EA Setup

Forex Trading Analysis and Generating 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 upwards trend or a downwards 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 EA Setup

Sell Trading 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 - Trend Trigger Factor EA Setup