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Re: Various Indicators - (MT5)

rowlence, Tue Aug 08, 2023 8:50 am

mrtools wrote: Tue Aug 08, 2023 6:12 am This would be one way.

From the Forex Geek:

Trend Direction Force Index Indicator Strategy

Buy Signals


* The price breaks above resistance or gets rejected from support.
* The trend direction force index value reaches +1 to signal a bullish market trend.
* Hold long positions until the indicator line returns to zero.

Sell Signals

* The price plots a bearish breakout at support or fails to exceed a resistance.
* The trend direction force index value drops to -1, indicating a bearish trend.
* Hold short positions until the indicator value rises to zero.
Thanks Mr Tools
I have a favour to ask,if you're less busy
I've seen an mt4 version of The Trend Direction Force Index on this viewtopic.php?p=1295515633#p1295515633

You added arrows on that version, mtf & alerts

Can you please help me with an MT5 version with same arrows and setting as that attached MT4 please, I'm trying to look for mql5 file
I will be forever grateful 🥲💓 and indebted to you sir
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