Exponential moving average

Exponential moving average

TRIX is known as Triple Exponential Moving Average and is based on a 1-day difference of the triple EMA. The indicator was developed by Jack Hutson in 1980s. TRIX is exponential moving average remarkable trend following-indicator: its main advantage over the similar indicators lies in its ability to filter a large portion of the market noise.

TRIX oscillates around zero, which allows traders to follow trend directions. TRIX reading above zero suggests an uptrend, while reading below – a downtrend. While above zero a rising TRIX line suggests acceleration higher while a declining line – still an upward move but at a slower pace, or a beginning of a reversal. An additional signal line is added to TRIX to help trade TRIX crossovers. If you’d like to have an additional reversal confirmation, wait till TRIX crosses its zero line. Trading range breakouts during the trend – whipsaws and real breakouts.

Despite the versatility and accuracy of the TRIX indicator when it comes to filtering out market noise, it is still recommended to pay attention to other indicators and signals that can help to improve trading performance. This will give a percentage value to be used for building TRIX indicator graph. I really didn’t expect to find anything about TRIX. I just started using it but, I wanted to know exactly what I am working with. How I can download this indicator ?

FXIndicators, indeed thanks very much for this great assistance you are offering, and with such grace. I was wondering if you could elaborate on the Trix mq4 files that you have attached and especially on the EA. Thanks a million for the very helpful indicators. Although the calculation for an EMA looks a bit daunting, in practice it’s simple.

In fact, it’s easier to calculate than an SMA, and besides, your charting package will do it for you. The start of the calculation is handled in one of two ways. It’s the method used in calculating the EMA amounts, which shows a nine-day EMA calculation for Intel throughout May 2008. The actual EMA calculation begins with the May 2 closing price. For comparison, here is an SMA calculation to illustrate the difference between an EMA and an SMA. In this example, the EMA doesn’t show the same nine-day lag at the beginning of the chart as the SMA.

Forex ladysun