Trend Direction Force Indicator
Platform: MT4 Type: Oscillator Last update: October 6, 2024The Trend Direction Force indicator for MT4 is a trend-following buy/sell signal forex oscillator that works really well. It can be utilized as a reversal gauge too.
The signal line moves between extreme values of 1 and -1. Most of the time it hovers around 0 level, and the signal occurs when it shoots up or down.
Simplified trading rules with the Trend Direction Force Indicator
- A buy entry (bullish trend) happens when the red oscillator signal line rises back above the upper gray 0.00 horizontal line from the bottom.
- A sell entry (bearish trend) happens when the red oscillator signal line falls back below the lower gray 0.00 horizontal line from the top.
