Key Takeaways
TRIX (Triple Exponential Average)
Triple-smoothed EMA rate of change that filters out insignificant price movements.
Formula
Detailed Explanation
TRIX applies triple exponential smoothing to filter out noise and show the rate of change.
Key Features:
- Very smooth oscillator
- Filters out short-term noise
- Zero-line is key level
Trading Setup Example
Entry, stop loss, and take profit levels.
Always wait for signal confirmation before entering a trade.
Where This Indicator Works Best
Trend context and market position.
Detects overbought/oversold in trending and ranging markets.
Live Chart — TRIX (Triple Exponential Average)
See TRIX (Triple Exponential Average) in action on a live chart. Try changing the settings and timeframe.
TRIX (Triple Exponential Average) is a manual drawing tool or chart type and cannot be auto-overlaid as a study.
Open Chart on TradingViewParameters
📈 Bullish Signals
TRIX crosses above zero or signal line
📉 Bearish Signals
TRIX crosses below zero or signal line
Python Implementation
TRIX calculation
TradingView Pine Script
MT5 MQL5 Code
Python Libraries
Common Mistakes
Confirmation Signals
Best For
💡 Pro Tips
- •Very smooth - filters out minor fluctuations
- •Good for longer-term trend analysis
- •Often used with signal line
Educational Disclaimer
This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.
Frequently Asked Questions
Related Indicators
MACD (Moving Average Convergence Divergence)
MACD shows the relationship between two EMAs. Consists of MACD line, signal line, and histogram.
Triple Exponential Moving Average (TEMA)
An even smoother and faster moving average using triple exponential smoothing.
Rate of Change (ROC)
Measures the percentage change in price over a specified period.