TRIX Analysis & TRIX Trading Signals

Developed by Jack Hutson

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

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

Stock Analysis & Generating Signals

Bullish Buy Signal

A buy signal can be generated using two 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 the TRIX line.

Bullish Buy Signal

Bearish Sell Signal

A sell signal can be generated using two 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 TRIX line.

Bearish Sell Signal

Divergence Trading

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

Divergence Trading