Trade Gold Trading

Triple Exponential AverageTechnical Analysis & TRIX Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that's designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles which are shorter than the selected indicator period used to calculate and draw are ignored.

Triple Exponential Average is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up trend or a down cfds trend. Above the center line shows bullish trends and below center line shows bearish trends

Triple Exponential Average Technical Indicator - Triple Exponential Average Indicator Analysis

CFDs Analysis & How to Generate Signals

Bullish Buy Signal

A buy signal can be generated using two methods:

  • The first one is the center line cross-over signal where values above the line are bullish.
  • The second one is used to generate a signal when the signal line crosses above the TRIX line.

Triple Exponential Average Bullish Buy Signal - Triple Exponential Average Indicator Analysis

Bullish Buy Signal

Broker

Bearish Sell Signal

A sell signal can be generated using two methods:

  • The first one is the center line cross-over signal where values below the line are bearish.
  • The second one is used to generate a signal when the signal line crosses below TRIX line.

Triple Exponential Average Bearish Sell Signal - Triple Exponential Average Indicator Analysis

Bearish Sell Signal

Divergence CFDs

Divergence can be used to generate signals. traders can look for divergence between cfds price & the indicator & decide which direction to trade.

Triple Exponential Average Divergence CFDs - Triple Exponential Average Indicator Analysis

Divergence CFDs