Indicators: Trend Trigger Factor JMA - Multi TimeFrame
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Trend Trigger Factor JMA - Multi TimeFrame:
Trend Trigger Factor was described by M.H. Pee in the Technical Analysis of Stocks and Commodities magazine in December, 2004.
This version is adding JMA (Jurik Moving Average) smoothing to lessen false signals and some extras in order to make the trend triggering state easier.
Also, this version is made a standalone (no need for the Trend Trigger Factor JMA indicator in order to work) multi timeframe indicator.
In this version timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:
If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.
Author: Mladen Rakic