How to Add Triple Exponential Average Indicator on MetaTrader 4 Charts - Adding MT4 TRIX Indicator

Step 1: Open Navigator Window on Platform

Open Navigator panel as shown and illustrated below: Go to 'View' menu (click on it), then select 'Navigator' panel (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard shortcut keys 'Ctrl+N'

On Navigator panel, choose 'Indicators', (DoubleClick)

How to Add Triple Exponential Average TRIX Indicator on MetaTrader 4 - MT4 Triple Exponential Average TRIX Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding Triple Exponential Average TRIX MT4 Indicator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the Triple Exponential Average TRIX chart indicator from this list of indicators so as to add the Triple Exponential Average TRIX indicator on the chart.

How to Add Triple Exponential Average TRIX Indicator - From the Above window you can then place Triple Exponential Average TRIX indicator that you want on the chart

How to Add Custom Triple Exponential Average TRIX Indicator to MT4

If the indicator you want to add is a custom indicator - for example if the Triple Exponential Average TRIX indicator you want to add is a custom indicator you will need to first add this custom Triple Exponential Average TRIX indicator on the MT4 platform & then compile custom Triple Exponential Average TRIX indicator so that the newly added Triple Exponential Average TRIX custom indicator pops up on the list of custom indicators in MT4 platform.

To learn how to install Triple Exponential Average TRIX indicators on MT4, how to add Triple Exponential Average TRIX indicator window to MT4 and how to add Triple Exponential Average TRIX custom indicator in MT4 - How to add a custom Triple Exponential Average TRIX indicator in MT4.

About Triple Exponential Average TRIX Indicator Tutorial Explained

Triple Exponential Average (TRIX) Technical Analysis & TRIX Signals

Developed by Jack Hutson

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

TRIX is an oscillator 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 a down trend. Above the center-line shows bullish trends & below center-line shows bearish trends

Technical Analysis and How to Generate Signals

Bullish Buy Signal

A buy signal can be generated using two techniques:

• 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.

Bullish Buy Signal

Bearish Sell Signal

A sell 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 the TRIX line.

Bearish Sell Signal

Divergence Trading

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

Divergence Trading