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What is the TRIX Indicator? http://www.financialspreadbetting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE This is a momentum oscillator. This technical indicator combines trend with momentum into one indicator.

Trading with TRIX Indicator
TRIX stands for a triple exponential moving average. So its a moving average of a moving average of a moving average and they are all smooth. As such this is a smooth moving average that oscillates above or below a zero line as oscillators do. It is very similar in shape as MACD.

TRIX is a trend following indicator. The difference from other similar indicator is that it aims to filter most of the market noise. TRIX removes shortterm cycles (the cycles shorter than the selected TRIX period) which could confuse traders as they only signal minor changes in market direction.

How to Use the TRIX Indicator?

Rate of change of a triple exponential smooth moving average
When TRIX is greater than zero, price has upward momentum
When TRIX is below zero, price has downward momentum.
Trade ideas
When the TRIX changes direction you fade the move
Buy when TRIX crosses the 0 from below
Use a positive TRIX on a longer setting as a filter and a shorter as a trigger.

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