TRIX

TRIX, also known as Triple Exponential, is a momentum indicator. The strategy was developed in the early 90s by Jack Hutson. TRIX filters out movements that are insignificant and it can be used to anticipate trend reversal. TRIX is calculated using triple smoothing of price and therefore it is generally trend-following and a bit lagging in signals.

TRIX is traded similiar to the MACD. Buy when TRIX crosses its Signal Line from below. Sell when TRIX crosses its Signal Line from above.

Do you have a FOREX question? Ask a question here. No registration required and it takes less than a minute.

Tags: , ,

Popular Articles
Tags Accumulating Broker Calculation Chaikin Consolidating Market Crossovers Demand Index Distributing Divergence Dorsey Dramatic Expansion Elliot Wave Flags Fractal Geometry Granville Histogram Lambert Momentum Moving Average Noise Oscillators Pennants Price Indicator Repaint Resistance Reversal Risk-to-reward-ratio Scam Sibbet Sideways Markets Signal Squared Estimation Error Statistical Engine Stop Losses Supply and Demand Support Technical Trending Market Trend Reversal Twiggs Video Volatility Volume Wilder Williams