Triple Exponential Average (TRIX) – indicator MetaTrader 5
Triple Exponential Average (TRIX) was developed by Jack Hutson as an oscillator of the overbought/oversold market conditions. It can also be used as the Momentum indicator. Triple smoothing is used for removing the cyclic components in price movements with the period less than that of TRIX. The zone is used as the indicator of overbought … Read more