Trix

JMA TRIX Log – indicator MetaTrader 5

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JMA TRIX Log - indicator for MetaTrader 5
TRIX is a momentum oscillator that displays the percent rate of change of a Triple Exponentially Smoothed Moving Average. It was developed in the early 1980’s by Jack Hutson, an editor for “Technical Analysis of Stocks and Commodities” magazine. With its triple smoothing, TRIX is designed to filter insignificant price movements. In his article he … Read more

Trix with LR signal – indicator MetaTrader 5

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Trix with LR signal - indicator for MetaTrader 5
In his article: “Playing TRIX: The Triple Exponential Smoothing Oscillator” Joe Luisi argues that using the linear regression value as a signal line for a TRIX is better than using a slope. Without attempting to prove or disapprove is that is correct, here is the version that does that. The signals are not bad but … Read more

Trix – indicator MetaTrader 5

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TRiX - indicator for MetaTrader 5
Trix oscillator is an oscillator based on the smoothed triple moving average. The indicator was developed in the early 1980’s by Jack Hutson, an editor for “Technical Analysis of Stocks and Commodities” magazine. There are seven configurable parameters: Period – calculation period First MA method – first MA calculation method Second MA method – second … Read more

TRiX candles with Keltner channel – indicator MetaTrader 5

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TRiX candles with Keltner channel - indicator for MetaTrader 5
Theory: The indicator is using 4 TRiX ( Triple Exponential Moving Averages Oscillator) values: of open, close, high and low to construct candles of this indicator. That produces quite a smooth result (which is not a surprise since the TRix itself is smooth) that seems to be usable in trading. To further help in trend … Read more

TRiX – indicator MetaTrader 5

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TRiX - indicator for MetaTrader 5
Theory: Developed by Jack Hutson in the early 1980s, the Triple Exponential Average (TRiX) is a momentum indicator used by technical traders that shows the percentage change in a triple exponentially smoothed moving average. When it is applied to triple smoothing of moving averages, it is designed to filter out price movements that are considered … Read more

TRIX (fast EMA) – indicator MetaTrader 5

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TRIX (fast EMA) - indicator for MetaTrader 5
Theory : EMA (Exponential Moving Average) is very well known and widely used indicator. More information on it can be found here : https://en.wikipedia.org/wiki/Moving_average. It is used as a building brick for TRIX (triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets, and it can also be used as … Read more

TRIX (using double smoothed Wilder’s EMA) – indicator MetaTrader 5

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TRIX (using double smoothed Wilder's EMA) - indicator for MetaTrader 5
Theory : TRIX (triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets, and it can also be used as a momentum indicator.  It is using EMA for calculation This version : Is using the “Double smoothed Wilder’s EMA” variation instead of using “regular” EMA for TRIX calculation. That makes … Read more

TRIX using Wilder’s double smoothed EMA – floating levels – indicator MetaTrader 5

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TRIX using Wilder's double smoothed EMA - floating levels - indicator for MetaTrader 5
This is a variation of trix that is using Wilder’s double smoothed EMA and which has floating levels instead of fixed levels for signals. You can chose : color change on outer levels cross color change on middle (dynamic zero) level cross color change on slope change Usage : You can use color changes as … Read more

Trix oscillator with support / resistance lines on chart – indicator MetaTrader 5

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Trix oscillator with support / resistance lines on chart - indicator for MetaTrader 5
The Trix oscillator that has an addition of on-chart support / resistance levels. You have two choices for color (and implicitly for SR levels) display : on zero line cross on slope direction change Usage : It can be used as any other Trix oscillator. Trix oscillator with support / resistance lines on chart – … Read more