OPEN-SOURCE SCRIPT
Indicator: Trend Trigger Factor
Introduced by M.H.Pee, Trend Trigger Factor is designed to keep the trader trading with the trend.
System rules according to the developer:
* If the 15-day TTF is above 100 (indicating an uptrend), you will want to be in long positions.
* If the 15-day TTF is below -100, you will want to be short.
* If it is between -100 and 100, you should remain with the current position.
More info:
Original Article by Mr.Pee: drive.google.com/file/d/0Bx48Du_2aPFncGhwWERlOU9FelU/edit?usp=sharing
System rules according to the developer:
* If the 15-day TTF is above 100 (indicating an uptrend), you will want to be in long positions.
* If the 15-day TTF is below -100, you will want to be short.
* If it is between -100 and 100, you should remain with the current position.
More info:
Original Article by Mr.Pee: drive.google.com/file/d/0Bx48Du_2aPFncGhwWERlOU9FelU/edit?usp=sharing
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List of my indicators at Appstore: blog.tradingview.com/?p=970
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