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Identify trend changes for different types of trading and on all types of instruments

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.

To see examples of this indicator, click on the screen above the price

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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.

 

Why TRENDFORCE is an efficient indicator?

You will find below free strategies using this indicator (no optimization).

Instrument : NASDAQ (cfd US Tech 100/ 1€) / Timeframe : 15 Minutes / Spread : 2 points

Starting capital : 1.000 €

Result:

Graphe 1

Source code :

Code 1

 

Instrument : S&P 500 (cfd US 500 / 1€) / Timeframe : 15 Minutes / Spread : 1 point

Starting capital : 2.000 €

Result:

Statistique

Source code :

Code 1

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