Trend Trigger Factor (TTF)

Overview:

M.H. Pee's article "Trend Trigger Factor" in the December 2004 issue of Technical Analysis of Stocks and Commodities magazine (TASC) presents the Trend Trigger Factor (TTF) indicator.

The TTF is a method of detecting uptrends and downtrends using buy power and sell power calculations derived over the previous n-periods.

Uses:

Typical uses include creating an always-in-the-market system whereby Sell trades are generated when the TTF crosses down through the 100 level and Buy signals are generated when the TTF crosses up through the -100 level.

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