Professional Documents
Culture Documents
Trix Main
Trix Main
Trix Main
Exponential
Average (TRIX)
BY:
KUHU
K
HARSH
z
• Momentum Indicator or Trend Indicator
• Calculated using Moving averages
ABOUT TRIX •
•
Tripple smoothened
Oscillator used to identify oversold and
overbought markets.
• Oscillates around a zero line
• Combines trend with momentum.
• Triple smoothed EMA covers trend, 1-period % change of Tiple smoothed EMA
covers momentum.
• Standard setting for EMA- 15 days for Triple smoothed EMA, 9-days for signal
lines.
• Looking for more sensitivity, should shorten the timeframe.
• Looking for less sensitivity, we should widen the timeframe.
STEPS TO CALCULATE TRIX
01 02 03 04 05
15-period Exponential 15 period EMA of result 15 period EMA of result Take 1-period % change TRIX
moving averages. from step 1 from step 2 of step 3 CALCULATED
HOW TO USE
01 TRIX is above zero, momentum is
bullish.