Trend Trigger Factor Oscillator for Trend and Reversal Signals
Summary
The Trend Trigger Factor (TTF) is presented as an oscillator for identifying trends and possible reversals. The document attributes the method to M. H. Pee and a 2004 article in a technical analysis magazine. It identifies three configurable inputs: the calculation period and overbought and oversold levels, though it does not explain how to interpret specific threshold crossings.
The calculation compares the recent high and low range over the period plus one bars with the high and low from an earlier range extending from the period plus one to twice the period plus two. These ranges feed a normalized difference formula scaled by 200. No example chart, trading rules, parameter recommendations, or performance evidence is provided, so the description establishes the calculation's structure but not its practical effectiveness. The document is a translated indicator description and offers little guidance on instrument choice or risk management.
Key ideas
- TTF is described as an oscillator for trend identification and potential reversals.
- Its inputs are the calculation period and overbought and oversold levels.
- The formula compares recent highs and lows with those of an earlier, offset period.
- The document provides no threshold interpretation, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.