Trend Trigger Factor Analysis and TTF Signals
Trend Trigger Factor is similar to the RSI. This indicator was originally used to trade & analyze the price moves in the stocks exchange & commodities market.
Analysis & How to Generate Signals
TTF trading indicator is used as a market trend identification technical indicator. It uses an n number of price periods to calculate the direction of the price trend, whether it is an upward trend or a down-wards trend using the bears powers or bulls powers indicator.
Buy Trading Signal
A buy trade signal gets generated when Trend Trigger Factor TTF crosses up above the -100 level. Levels above the center-line are bullish.
TTF Buy Trading Signal
Sell Signal
A sell trading signal gets derived & generated when Trend Trigger Factor TTF crosses below the +100 level. Levels below the zero center line are bearish.
TTF Sell Trading Signal
More Tutorials & Topics:
- How to Place Moving Average Oscillator Gold Indicator in Trading Chart
- Continuation Patterns in Gold
- RSI Swing Failure Setup on Upwards & Downwards Gold Trend Setup
- List of Best Technical XAU USD Indicators for Gold
- How Do You Trade MetaTrader 4 Fib Expansions Trading Indicator on MT4 Trading Software?
- DeMarks Range Expansion Index Trading Indicator Buy & Sell Trade Signal