Trend direction & force index indicator - identification of price extremums

The Trend direction & force index indicator is located in the basement of the price chart of a currency pair and works on the principle of oscillator.

With the help of Trend direction & force index indicator it is quite easy to determine local peaks and troughs of the price, as well as the direction of the current trend.

The price above the zero level corresponds to the upward trend, below the zero level - to the downward trend.

The control levels are -1 and 1. The crossing of each of them corresponds to a local minimum or maximum on the price chart.

The presented version of the Trend direction & force index indicator is multiframe, i.e. it supports the display of indicator readings from the senior timeframe. Additionally, the indicator implements sound and text alerts, as well as sending notifications to e-mail.

According to ForTrader.org experts, the extended functionality of the Trend direction & force index indicator, as well as a flexible system of settings allows you to use it in any trend trading strategy.

Download Trend direction & force index indicator

Other trend indicators