TTF Trend AM
- Indicators
- Andriy Matviyevs'kyy
- Version: 27.0
- Updated: 5 September 2024
One of the basic rules of trading is that the trend is your friend.
The presented indicator is one of the best solutions for building your own trading system.
Basic rules for its use:
- Green line - buy trades are allowed;
- Red line - sell trades are allowed.
The indicator displays signals confirming the development of a bullish and bearish trend using the TTF oscillator algorithm.
Trend Trigger Factor (TTF) determines a price movement direction comparing its high and low with high and low of a price for a longer period.
After a candle is formed, the signals do not repaint.
The indicator is very simple and can be easily used by both novices and professional traders.
Custom Parameters:
- Ind_Period (>1) - TTF indicator period;
- Ind_Smoothing (>0) - indicator smoothing;
- Ind_Sensitivity (>0) - indicator sensitivity.