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

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

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

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

Forex Trend Trigger Factor Expert Advisor Setup

Technical 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 upward trend or a downward 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 - Forex Trend Trigger Factor Expert Advisor Setup

Sell 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 - Forex Trend Trigger Factor Expert Advisor Setup