
Trend Direction & Force Index Averages Indicator
Platform: MT4 Type: Momentum Last update: November 23, 2024The Trend Direction & Force Index Averages Indicator for MT4 helps to understand the trend momentum. For most of the time the readings stay in the neutral zone near 0 level and signal line is gray.
When it recognizes some significant movement, the signal line leans out to the upside for bullish and to the downside for bearish setup. What’s more, it turns sequentially to blue and pink. The bigger deviation the stronger force is driving the fluctuaction.
It’s a great candidate to use with other technical analysis indicators.
Example chart
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