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Identify trend changes for all instruments or scalping signal for the best trading

With this indicator, you will be able to detect the best trend depending of your type of trading. It can be used with all instruments and all timeframes.

The scalping parameter allows this indicator to work with small timeframe (ticks) for scalping strategy.

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What is TRENDFORCE indicator?

TrendForce is an unbounded oscillator based only on price indications. It will allow you to identify areas of weakness and strength on a trend.

The principle is simple:

– Signal > 0: high probability of Bull trend

– Signal < 0: high probability of Bear trend

 

How to use it ?

To use this indicator, you have two parameters to set:

– FORCE: this parameter adjusts the force of the signal. The higher the setting, the stronger the signal will be.

– SMOOTH: you can smooth the signal to erase the noise. The higher this parameter is, the less noise there is.

– SCALPING : If activated, it can be used with low timeframes, and ticks.

 

Examples of Trend following

DAX40 – 4 Hours – Long Trend

NASDAQ100 – 5 Minutes – Middle/Long Trend

EUR/USD – 1 Day – Long Trend

USD/JPY – 1 Minute – Middle/Long Trend

Renault – 1 Day – Long Trend

Apple – 15 Minutes – Long Trend

Total Energies – 15 Minutes – Long Trend

Aluminium – 15 Minutes – Long Trend

US Light Oil – 5 Minutes – Middle/Long Trend

 

Examples of Scalping Mode

NASDAQ100 – 1 Minute – March 09, 2023

Dow Jones 30 – 100 Ticks – March 15, 2023

DAX40 – 5 Minutes – March 16, 2023

 

Important : don’t forget that wrong signal can be also good trading signal !

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