Trade Forex Trading

Triple Exponential AverageTechnical Analysis & TRIX 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 which are shorter than the selected indicator period used to calculate and draw 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 up trend or a 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 & Generating Signals

Bullish Buy 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 Signal

XAUUSD Broker

Bearish Sell Signal

A sell signal can be generated using 2 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 Signal

Divergence XAUUSD

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

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

Divergence Gold