Trend Direction and Force index indicator is used for identifying the market trends through its different direction. This indicator calculates the total quantity of the power the movement of assets price that tells the market trend.
Trend Direction and Force index Indicator
Working
It gives result when its direction moves toward positive axis and gives negative result when it moves towards negative direction. The positive and negative directions can be defined as +1 and -1. It means its value becomes up when its displays profit and also moves down when it shows loss in the market trends. When it reaches on zero it means that the profit and loss both are neutral.
Sell Condition
There are two types of directions in this indicator such as the one direction for sellers and other one is for buyers. When the directions move down then its means that there are chances of low price that can cause loss. The sell condition occurs when the indicators value becomes negative.
Buy Condition
When the directions of this indicator move up it means that the prices are going to up in profit. This creates buy condition. The buy condition activates when all the above requirements meets and the value of the indicator becomes positive.
