TRIX Indicator

The TRIX indicator provides traders with valuable insights on trends, momentum, and reversals, allowing them to enhance their trading strategies by analyzing the direction, crossovers, and rate of change of the TRIX line for market entries, exits, and trend confirmation

1 minute


Introduction

The TRIX indicator, also known as the “Triple Exponential Average,” is a tool that lots of traders use to find trends and make trading decisions. It was made by Jack Hutson in the 1980s and comes from the exponential moving average (EMA), which is a weighted moving average that focuses on recent data points. The TRIX indicator takes the EMA of a price series and smooths it three times, making a special oscillator.

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