This is a trading item or a component that was created using QuantShare by one of our members.
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The Trend Trigger Factor Indicator is similar to the RSI Indicator. This indicator was originally used to trade and and analyze price movements in the stock exchange and commodities market.The TTF 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.
A buy signal is generated when the TTF crosses up above the -100 level. Levels above the center line are bullish.
A sell signal is generated when the TTF crosses below the +100 level. Levels below the zero center line are bearish.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
