TTF - MetaTrader 5 Script - MQL5 #21268 | Forex Indicator Download - MT4/MT5 Resources
The oscillator TTF (Trend Trigger Factor) was developed as a method of identifying market trends and reversals. This is described in MH's article. Pee Trend Triggers in the December 2004 issue of Technical Analysis for Stocks and Commodities magazine.
It has three configurable parameters:
TTF = 200 *(Max+Min-MaxL-MinL) / (Max+MaxL-Min-MinL)
Where:
Attachment download
📎ttf.mq5 (9.64 KB)
Source: MQL5 #21268
TTF - MetaTrader 5 Script - MQL5 #21268 | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
TTF - MetaTrader 5 Script - MQL5 #21268 | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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