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PipsGrowth

Key Takeaways

Difficulty:Intermediate
Reliability:High
Category:momentum
Timeframes:4H, Daily, Weekly

TRIX (Triple Exponential Average)

momentum📊 4H, Daily, Weekly

Triple-smoothed EMA rate of change that filters out insignificant price movements.

Formula

Code
TRIX = 100 × (EMA³(n) - EMA³(n-1)) / EMA³(n-1)

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

Parameters

Period
Default: 15
TRIX calculation period
Signal
Default: 9
Signal line period

📈 Bullish Signals

TRIX crosses above zero or signal line

📉 Bearish Signals

TRIX crosses below zero or signal line

Python Implementation

TRIX calculation

Python
import pandas_ta as ta
df['TRIX'] = ta.trix(df['close'], length=15)

TradingView Pine Script

Try on TradingView
JavaScript
//@version=5
indicator("TRIX")
trix = ta.trix(close, 15)
plot(trix, "TRIX", color=color.blue)
hline(0, "Zero")
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MT5 MQL5 Code

C++
int trix_handle = iTriX(_Symbol, _Period, 15, PRICE_CLOSE);
double trix[];
CopyBuffer(trix_handle, 0, 0, 100, trix);

Python Libraries

pandas-ta
Technical analysis
pip install pandas-ta

Common Mistakes

✗Using too short period
✗Ignoring divergences

Confirmation Signals

Volume
Price action
Other momentum indicators

Best For

Filtering noiseTrend followingDivergence analysis

💡 Pro Tips

  • •Very smooth - filters out minor fluctuations
  • •Good for longer-term trend analysis
  • •Often used with signal line
Last updated: December 29, 2024

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.

Learn More

Investopedia - Technical IndicatorsBabyPips - Technical IndicatorsMetaTrader 5 Docs

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.

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