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

Step 1: Open the Navigator Window on Trading Software Platform

Open Navigator window just as shown & illustrated below: Go to 'View' menu (press on it), then select 'Navigator' window (press), or From Standard Toolbar click the 'Navigator' button or press key board short-cut keys 'Ctrl+N'

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

How to Add Triple Exponential Average TRIX in MT4 Platform - MT4 Triple Exponential Average TRIX Indicator

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

Expand this menu by pressing the enlarge tool mark sign ( + ) or double-click the 'indicators' menu, afterwards this button will appear and be shown as (-) & will now display a list like is shown below - select the Triple Exponential Average TRIX chart indicator from this list of trading indicators so as to add the Triple Exponential Average TRIX to the chart.

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

How to Set Custom Triple Exponential Average TRIX to MT4

If the indicator you want to add is a custom indicator - for example if the Triple Exponential Average TRIX you as a trader want to add is a custom indicator you'll need to first add this custom Triple Exponential Average TRIX on the MetaTrader 4 software and then compile the custom Triple Exponential Average TRIX so that as the newly added Triple Exponential Average TRIX custom indicator pops up on the list of custom technical indicators in MetaTrader 4 software.

To learn how to install Triple Exponential Average TRIX indicators on the MT4 Platform, how to add Triple Exponential Average TRIX window to MT4 and how to add Triple Exponential Average TRIX custom indicator in MetaTrader 4 Platform - How to add a custom Triple Exponential Average TRIX on the MT4 Software.

About Triple Exponential Average TRIX 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 technical indicator 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 energy of an uptrend or a down-trend. Above the center-line shows bullish trends and below center line shows bearish trends

Technical Analysis and How to Generate Trading Signals

Bullish Buy Trading Signal

A buy trade signal can be derived & generated using two techniques:

• The first one is the center-line crossover signal where values/readings 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 trade signal can be derived & generated using two techniques:

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

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

Bearish Sell Signal

Divergence Trading

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

Divergence Trading

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