GROUP

PRESENTATITON

RANDY
HERIYANTO

LENI NUR
PRATIWI

AFRIYANTI
HASANAH

Technical
Analysis
TRIX

TRIX
The

Triple Exponential Moving Average Oscillator

(TRIX) by Jack Hutson is a momentum indicator that
oscillates around zero. It displays the percentage
rate of change between two triple smoothed
exponential moving averages

Formula
1.

EMA1 = EMA1n-1 + ((2 / (n + 1)) * (Pn - EMA1n-1))

2.

EMA2 = EMA2n-1 + ((2 / (n + 1)) * (EMA1n - EMA2n-1))

3.

EMA3 = EMA3n-1 + ((2 / (n + 1)) * (EMA2n - EMA3n-1))

4.

TRIX = (EMA3n - EMA3n-1 ) / EMA3n-1

Where:
Pn =the current price.
EMA1n-1 = the exponential moving average value of n periods back
EMA2n-1 = the exponential moving average value of n periods back
EMA3n-1 = the exponential moving average value of n periods back

Table

Differences
among EMAs

TRIX

Timing

Success Case

Fail Case

Conclusions of TRIX
Its excellent filtration of market noise
When bullish and bearish divergences
work, they do work great
Bearish divergences do not work well
in strong uptrends