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 !