TTM Trend - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources

There is already a TTM trend in the code base, but this one is calculated in a different way.

TTM (Trade the Market) trends are basically an easier way to look at candlesticks. This is the Heikin-Ashi method. Heikin literally means "average" or "balance," while Ashi means "foot" or "strip." TTM Trend is a visual technique that removes the irregularities of normal candlestick charts and provides a better picture of trends and consolidations.

TTM trends can be modified to suit your trading personality or style. If the lookback candle closes above the 50% mark of the past lookback candlestick average, its color will change to bearish. If the lookback candle closes below the 50% mark of the past lookback candlestick average, the TTM trend color will change to Bullish. It's simple, but TTM Trend is definitely an easier way to look at charts.

Attachment download

📎ttm_trend.mq5 (6.37 KB)

Source: MQL5 #19956