Triple Exponential Average Technical Analysis & TRIX Trading Signals

Developed & Created by Jack Hutson

The TRIX indicator is a triple smoothed oscillator designed to eliminate spikes that can lead to false signals in calculations. These spikes or market cycles that are shorter than the selected indicator period used for calculations and drawings are disregarded.

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

Technical Analysis & How to Generate Signals

Bullish Buy Signal

A buy signal can be derived and generated using 2 techniques and methods:

• The first one is the center line crossover signal where values above the line are bullish.

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

Bullish Buy Signal

Bearish Sell Trade Signal

A sell signal can be generated using 2 techniques and methods:

• 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 trade signal when the signal line crosses below TRIX line.

Bearish Sell Signal

Divergence Trading

Divergence can be used to generate signals. Traders can look for divergence between price and the indicator & make a decision which direction to trade.

Divergence Trade

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