Trade Forex Trading

Triple Exponential Average (TRIX) Analysis & TRIX Signals

Created and developed by Jack Hutson

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

The TRIX indicator is a type of oscillator that fluctuates above and below a central line. This centerline helps identify bullish and bearish trends. It quantifies the strength of both upward and downward trends, with values above the centerline indicating a bullish trend and those below indicating a bearish trend.

TRIX for Intraday Trading - Triple Exponential Average Explained

Forex Analysis and How to Generate Trading Signals

Bullish Buy Signal

A buy signal can be derived and generated using 2 techniques:

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

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

Using TRIX Indicators for Day Trading - Understanding the Triple Exponential Average (TRIX) Indicator

Bullish Buy Signal

Bearish Sell Trade Signal

A sell signal can be derived and generated using 2 techniques:

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

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

Use TRIX for Day Trades - Add Triple Exponential Average to Charts

Bearish Sell Trade Signal

Divergence FX Trading

Divergence offers a means for generating trading indications. Market participants can identify discrepancies between the price action and the technical indicator to inform their trading direction decision.

TRIX Indicator for Forex Day Trading - Guide to Triple Exponential Average TRIX

Divergence Forex Trading

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