Trend Direction and Force Index Indicator

Trend Direction and Force Index Indicator

Trend Direction and Force Index Indicator for MT5 is the best trend reversal indicator. Free trend breakout indicator. Trend following indicator.

The Trend Direction and Force Index Indicator for MetaTrader is a special tool developed using an algorithm that tracks price changes and the amount of relative strength that moves an asset. This is a great tool for trend and breakout traders. In addition, it is also suitable for identifying potential price reversal zones.

This technical indicator is on a separate chart where it fluctuates between positive (1) and negative (-1) zones. It leans towards the positive zone in a bullish trend and the negative zone in a bearish trend. Conversely, a price within the 0.00 center level is considered a sideways market.

In addition, the Trend Direction and Force Index indicator is recommended for both beginners and experienced forex traders. Moreover, it is also a great tool for scalping, day/intraday and swing trading.

The indicator is recommended to be used in conjunction with price action/other technical indicators for greater effectiveness. H4 timeframe is best suited for day/intraday trading, while H4 and above timeframes are recommended for swing trading.

How to Trade With Trend Direction and Force Index Indicator

The screenshot above shows how the indicator will look on your MT5 chart. It also illustrates how to identify a setup with high probability.

PURCHASE setting. First, wait until the indicator line crosses the 0 level upwards. You can then enter a BUY/LONG position in sync with the price movement (eg bullish engulfing).

Selling: First, wait until the indicator line crosses below 0 down. You can then open a SELL/SHORT position in sync with the price action (for example, a bearish engulfing).

Conclusion
The Trend Direction and Force Index is the best tool for identifying market ranges, short-term trends and trend breakouts. Finally, it’s free to download.