Trix Indicator

Advantages of TRIX - Triple Exponential Average
The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets and is also a momentum indicator.

TRIX [ChartSchool]
TRIX is an indicator that combines trend with momentum. The triple smoothed moving average covers the trend, while the 1-period percentage change measures momentum. In this regard, TRIX is similar to MACD and PPO. The standard setting for TRIX is 15 for the triple smoothed EMA and 9 for the signal line.

Triple Exponential Average (TRIX) - Investopedia
The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets and is also a momentum indicator.

TRIX â€" Technical Indicators â€" Indicators and Signals
The TRIX indicator is a versatile technical analysis tool that combines trend and momentum into one indicator. It is comprised of the rate of change of a triple exponentially smoothed moving average. The key signals generated by TRIX are divergences and signal line crossovers.

TRIX Indicator | Great Trading Systems
The Trix indicator is nothing more than a triple exponential moving average indicator. Whilst simple in its basis the actual calculation is quite clever as it “the log of the price input over the period of time specified by the length input for the current bar. The current bar’s value is subtracted by the previous bar’s value.

Trix Indicator | MarketVolume.com
In some sources, technicians refer to the TRIX as the Triple Exponential Average Indicator. The TRIX is an oscillator that oscillates about a zero line and is used in technical analysis to identify oversold and overbought markets. A positive TRIX value indicates an overbought condition, whereas a negative value indicates an oversold market.

Incredible Charts: TRIX Indicator
TRIX Indicator TRIX is an oscillator designed for trading trends. Select a TRIX indicator period appropriate to the time frame that you are trading. The indicator will keep you in trends that are shorter or equal to the window period.