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TRIX is an indicator that combines trend with momentum. The triple smoothed moving average covers the trend, while the 1-period percentage change measures momentum.
This powerful tool not only filtrates market noise but also tends to be a leading rather than lagging indicator.
Description. The TRIX is a momentum indicator, that is displayed as an oscillator above and below a zero line. It compares two triple smoothed exponential moving averages …
Next to Price & Volume, the TRIX Indicator is the primary indicator that I rely upon in my trading. Instead of spending my time writing about what exactly the TRIX is …

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