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TTF Candles 2 AM

5

This indicator is based on the idea of a popular Trend Trigger Factor indicator (TTF).

The indicator determines a price movement direction comparing high and low of the current candle with high and low of a price for a longer period.


The indicator parameters:

  • Long_TTF_Bars - number of candles to calculate the price movement direction for a longer period of time (cannot be less than 2)
  • Short_TTF_Bars - number of candles to calculate the price movement direction for a shorter period of time (cannot be less than 2)

If set by default, the indicator generates following signals:

  • A formed candle has Lime color - the indicator confirms consistent growth of highs and lows of the price. There are good reasons to place Buy Stop orders on high of the first candle having such color.
  • A formed candle has Red color - the indicator confirms consistent fall of highs and lows of the price. There are good reasons to place Sell Stop orders on low of the first candle having such color.
  • A formed candle has Gray color - the indicator shows that the trend is weak. If you have an open position, it makes sense to place Stop Loss orders on the High/Low of the first candle having such color.

The indicator does not redraw.


Avis 1
fxpat
510
fxpat 2023.05.11 14:43 
 

i love this indicator...using with my supply demand indicator...

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Cet indicateur est très puissant lorsqu'il est combiné avec notre autre indicateur appelé Katana. Après l'achat, envoyez-nous un message et vous pourrez obtenir Katana GRATUITEMENT en BONUS  ! Le prix augmentera bientôt à 149$ ! Ne manquez pas le prix courant à 65$ ! L'indicateur de prévision de tendance est un outil très unique et simple qui est capable de prédire les mouvements futurs des prix en fonction des signaux générés par MACD. Cela vous aide à avoir une estimation des domaines dans
Dessine automatiquement les niveaux de support et de résistance PLUS les écarts des bougies de propulsion sur votre graphique, afin que vous puissiez voir où le prix est susceptible de se diriger ensuite et/ou de s'inverser potentiellement. Cet indicateur est conçu pour être utilisé dans le cadre de la méthodologie de trading de position enseignée sur mon site web (The Market Structure Trader) et affiche des informations clés pour le ciblage et les entrées potentielles. L'indicateur comport
Up Down v6
Guner Koca
4.67 (9)
up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is down signal.and price probably will go up. when the signals not seen press + button on terminal . too see weekly chart because of low data on chart ,it needs to lower p
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fxpat
510
fxpat 2023.05.11 14:43 
 

i love this indicator...using with my supply demand indicator...

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Version 26.0 2023.09.15
Updated to version 26+.
Version 25.0 2023.08.11
Updated to version 25+.
Version 7.80 2023.07.04
Updated.
Version 7.60 2023.06.14
Fix bug.
Version 7.50 2023.06.04
New version.
Version 7.10 2023.05.08
Удалены неиспользуемые фрагменты кода.
Version 7.0 2023.05.01
Удалена настройка количества отображаемых баров.