Indikators mt4 TTT FX

Look at the market with different eyes! TTT FX is an essential tool for trend followers. This unique breakout indicator automatically plots new trend lines every day based on the OCHL values of the previous day which form a triangle. Buy - price crossing the red lines, sell - blue lines. If the yellow crosses the red line after opening of the day - there is a high probability of price moving upwards, if it crosses the blue line - downwards. Use any oscillators from the standard metaTrader 4 package to confirm trade entries. The profit targets are at the levels of price labels in breakthrough direction. A stop level is up to the trader depending on the strategy used. The indicator is provided with a history of price labels, auto update and auto adjustment of indicator colors for different chart background colors.

The indicator parameters

• History - the number of days in history data.
• Future - display the future flag and future trend lines.
• Triangle - Display using triangles, otherwise - trend lines.
• Display prices OFF / ON - show or hide price labels.