Jimmy wrote: Fri Aug 13, 2021 9:26 pm This is another excellent upgrade to a highly-regarded indicator.
Just giving this one a try on the Daily Bitcoin chart seems to catch a lot of continuing trends with accuracy using these settings:
- Default parameters
- Only display Arrows when Entering the OB/OS zones
- When the indicator enters OB/OS (Overbought/Oversold) zones, it gives traders a good signal on entering a strong trend, instead of counter-trend trading, the same way one would trade using the CCI as explained in this post: Trading using the CCI and Lambert's Way.
Attached below is a template with these settings. Please give them a go and let us know how you find them![]()
Re: Trend Direction Force Index Indicators MT4
161Jimmy, I currently use Coinbase Pro to trade crypto assets. What broker are you using to get BTC data feed on MT4?