Triple Exponential AverageCommodities Analysis & TRIX Trading Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate & draw are ignored.

Triple Exponential Average is an oscillator that oscillates above & below a center line mark. The center line level is used to determine bullish & bearish trends. TRIX will measure the momentum of an up trend or a down commodities trend. Above the center-line shows bullish trends and below center-line shows bearish trends

Commodity Technical Analysis and Generating Trade Signals

Bullish Buy Trading Signal

A buy signal can be generated using 2 techniques:

• The first one is the center-line cross over signal where values above the line are bullish.

• The second one is used to generate a signal when the signal line crosses above TRIX line.

Bullish Buy Trading Signal

Bearish Sell Signal

A sell signal can be generated using 2 techniques:

• The first one is the center-line cross over signal where values below the line are bearish.

• The second one is used to generate a signal when the signal line crosses below the TRIX line.

Bearish Sell Signal

Divergence Commodity

Divergence can be used to generate signals. traders can look for divergence between commodities price and the indicator and decide which direction to trade.

Divergence Commodities