Trade Forex Trading

Learn Forex Lessons, Strategies and Technical Analysis

Triple Exponential Average (TRIX)Forex Technical Analysis and TRIX Forex Trading Signals

Developed by Jack Hutson

 

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate and plot are ignored.

 

Triple Exponential Average is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an uptrend or a down trend. Above the center line shows bullish trends and below center line shows bearish trends

 

Triple Exponential Average (TRIX) Technical Indicator

 

 

Forex Technical Analysis and Generating Forex Trading Signals

 

Bullish Buy Signal

A buy signal can be generated using two methods:

 

  • The first one is the center line crossover signal where values above the line are bullish.

 

  • The second one is used to generate a trading signal when the signal line crosses above the TRIX line.

 

Triple Exponential Average (TRIX) Bullish Buy Signal

Bullish Buy Signal


Regulated Forex Broker

Tight Spreads - EURUSD: as low as 0.1 pips, GBPUSD: as low as 0.1 pips, USDJPY: as low as 0.1 pips Choose Tight Spreads Account

Having studied our top traders, We have incorporated aspects of their trading in our Forex Trading Plan

Get Our Forex Plan: Download Forex Trading Plan

Market Sentiment: Risk Appetite - High Yielding Currencies vs The Risk Averse

Eurozone Market Sentiment: For Example: Eurozone Economic Growth Gains Momentum in November Fueling Risk Appetite

Open Forex Account Early - Takes only 5 Minutes: Open Forex Account

 

Bearish Sell Signal

A sell signal can be generated using two methods:

 

  • The first one is the center line crossover signal where values below the line are bearish.

 

  • The second one is used to generate a trading signal when the signal line crosses below the TRIX line.

 

Triple Exponential Average (TRIX) Bearish Sell Signal

Bearish Sell Signal

 

Divergence Trading

Divergence can be used to generate trading signals. Traders can look for divergence between price and the indicator and decide which direction to trade.

 

Triple Exponential Average (TRIX) Divergence Forex Trading

Divergence Trading

Tight Spreads - EURUSD: as low as 0.1 pips, GBPUSD: as low as 0.1 pips, USDJPY: as low as 0.1 pips Choose Tight Spreads Account

Poland FX Seminar Gala

XM Account Holders Attend Poland FX Seminar

XM Account Holders Hungary Seminar

Malaysia Seminar

XM Account Holders Thailand Seminar

Should you open an XM Account this is exactly how it looks like:

Forex Account Secure Clients' Area - Trader Cabinet

Silver and Gold Online Trading

CFDs Trading and Forex Trading

Forex Trading Bonus Up To $5,000

Regulated Broker

 

Up To $5K Bonus

Forex Account Opening Bonus

Forex Broker Rankings

Open Forex Account

Open Demo Account
Open Real Account

Top MQL5 EA Robots

Top MQL5 Automated Trading Expert Advisors

Top MQL5 Signals

Top MQL5 Forex Signals Service Providers on MetaTrader 4