Triple Exponential Average
Triple Exponential Average (TRIX)
Section titled “Triple Exponential Average (TRIX)”Triple Exponential Average (TRIX) is an oscillator developed by Jack Hutson. It helps identify overbought or oversold market conditions and can also be used as a Momentum indicator. TRIX uses triple smoothing to remove cyclic components in price movements.
Signal Lines
Section titled “Signal Lines”TRIX uses the zero line as a signal for buying or selling. To buy, the indicator should cross the zero line from below or show bulls’ divergence. To sell, the indicator should cross the zero line from above or show bears’ divergence with prices.
Distinctive Features
Section titled “Distinctive Features”TRIX stands out for its ability to effectively filter out price noises and its lack of lag, which is common in most moving averages.