TRiX slope divergence – indicator MetaTrader 5

TRiX slope divergence - 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. It is highly responsive to price changes and that makes it hard to be used in a “classical” way to detect … Read more

Trix pivots – indicator MetaTrader 5

Trix pivots - indicator for MetaTrader 5
Theory : TriX oscillator is a nice trending indicator found as a built in indicator in metatrader. This version is adding pivot calculation to such TRiX. Pivots are calculated from the TRiXitself, and you have 4 possible types that can be displayed : display pivot only display pivot and 1st level support and resistance display … Read more