Download Trix With Alerts MT4 Indicator

trix-0Cash Back Forex Rebates

TRIX is another moving average based indicator. TRIX uses exponential moving average to generate its trading signals. The indicator uses triple smoothing to eliminate the noise in the market. However, since these types of indicators are called lagging indicators. If the market is ranging, you may not be able to get fast signals, but if the market is trending, this indicator will put you in the right direction. Alert feature is of course a big plus.

How to Trade With Trix With Alerts:

Buy Signal:

-Wait for TRIX lines to cross over (a yellow arrow).

Sell Signal:

-Wait for TRIX lines to cross over (a blue arrow).

 

Trix With Alerts MT4 Indicator

Introduction
The TRIX Indicator was developed in the early 1980s by Jack Hutson who was an editor for the Technical Analysis of Stocks and Commodities magazine. Its name is comprised of its calculation: Triple Exponential. The TRIX is calculated using triple smoothing of price and therefore it is generally trend-following and a bit lagging in signals.

Smooth prices (often closing prices) using an N-day exponential moving average (EMA).
• Smooth that series using another N-day EMA.
• Smooth a third time, using a further N-day EMA.
• Calculate the percentage difference between today’s and yesterday’s value in that final smoothed

Trading Rules:
Buy when TRIX crosses its Signal Line from below.
Sell when TRIX crosses its Signal Line from above.
or just follow alerts.

 

Click Here to Download

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