TTM Trend Indicator

TTM Trend Indicator

TTM trend indicator displaying the best swing trading conditions with instant alerts on live MT5 charts. Identifies breakouts, support/resistance zones and inside bar signals

Categories: Trend,

The TTM trend indicator identifies potential price swings and converts them into super swing trading signals in Metatrader 5.

As a technical indicator, it helps you anticipate both short and long term gains/losses so you can benefit from sustainable price momentum. It works based on reversal patterns and identifies potential price retracement levels during trending market conditions.

Since TTM Trend is suitable for analyzing MTF charts, it allows you to trade both intraday and intraday at the same time. According to our review, charts from 1 minute to 4 hours are the best timeframes for this indicator. Moreover, it works on any chart of financial instruments listed in MT5, including forex, stocks, ETFs, commodities and cryptocurrencies.

In this guide, you will learn how to best apply the TTM trend indicator in MT5 to identify potential trading setups.

How to identify potential swing trading signals by using the TTM Trend Indicator in MT5
The TTM trend indicator mainly detects price action reversal patterns. It targets potential price wave highs and lows to detect valid price swing areas. Moreover, it only draws colored bars above price candles to signal reversal situations. Such signal systems are quite easy to use and convenient for novice speculators.

A price reversal signal can appear at any time in real markets. However, we need to be very specific on price zones and signals when considering entry. For example, it is not a good idea to look for buying opportunities when the price has already reached the high of the current market momentum. So, the basic rule is to buy from below and sell at the peak of price spikes.

An orange vertical bar on the candle indicates a bearish reversal. On the contrary, the blue bar signals a possible bullish price reversal. However, we cannot execute buy/sell orders based on each colored candle. You should use price confirmation signals to improve the accuracy of your trading judgments.

In the CHFJPY chart above, we see bullish and bearish signals in line with the current trending situation of the currency pair. As you can see, every time the TTM Trend drew a blue candle, the price made a solid bullish move, offering profitable short opportunities.

Conclusion
TTM Trend is a simple and straightforward swing trading indicator in MT5. At the same time, it offers real-time price reversal signals, allowing you to make short-term trading decisions more comfortably. Unlike trend trading, swing trading signals may appear more frequently on charts. Therefore, we recommend that you use additional technical tools such as automatic trendlines and support/resistance levels to add value to your trades.