Triple Smoothed Exponential Oscillator

Triple Smoothed Exponential Oscillator

The TRIX indicator is a momentum oscillator that calculates the rate of change of a triple exponential moving average. You can use TRIX to generate signals similar to MACD.

TRIX

Buy/sell signals are generated when the TRIX crosses above/below zero. A nine-period EMA of the TRIX is used as a default signal line. Buy/sell signals are generated when the TRIX crosses above/below the signal line and is also above/below zero.