Trade Forex Trading

Triple Exponential AverageTechnical Analysis & TRIX Signals

Created 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 which are shorter than the selected indicator period used to calculate and draw are ignored.

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

Triple Exponential Average Technical Indicator Analysis - How Do I Use TRIX Indicator Technical Analysis?

Technical Analysis and Generating Signals

Bullish Buy Trade Signal

A buy signal can be generated using 2 methods:

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

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

Place Triple Exponential Average (TRIX) Indicator in Chart

Bullish Buy Trading Signal

Bearish Sell Trade Signal

A sell trade signal can be generated using two techniques:

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

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

Triple Exponential Average Indicator Analysis - How to Use TRIX Indicator Technical Analysis

Bearish Sell Trade Signal

Divergence XAUUSD

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

How Do I Place Triple Exponential Average (TRIX) Indicator on Chart?

Divergence Gold

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