Trade Gold Trading

TRIX Trading Analysis & TRIX Trading Signals

Created by Jack Hutson

TRIX serves as a triple smoothed oscillator. It cuts out spikes that create false signals in math. Cycles shorter than the set period stay ignored.

TRIX is a tool that traders use which goes up and down around a middle line. The level of the middle line tells us about going up or down trends. TRIX will measure how strong a trend is going up or going down. Above the middle line means upward trends, and below it means downward trends.

Place Triple Exponential Average (TRIX) on Chart

Analysis and Generating Trade Signals

Bullish Buy Trade Signal

A signal to buy can be made or created using 2 ways:

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

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

TRIX for Gold Day Trading - Triple Exponential Average Indicator Guide

Bullish Buy Signal

Bearish Sell Trading Signal

A sell trading recommendation can be generated or extracted using one of two distinct approaches:

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

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

Utilizing the Triple Exponential Average (TRIX) Indicator for XAUUSD Chart Analysis on the Trading Platform

Bearish Sell Trading Signal

Divergence Trade

Divergence can be used to create trading signals. Traders can search for divergence between the price and the technical indicator and then decide which way to go.

TRIX Indicator for Day Trading - Reading the Triple Exponential Average

Divergence Trade

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