Triple Exponential AverageCommodities Technical Analysis and TRIX Trading Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate & 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 commodity trend or a down commodities trend. Above the center-line shows bullish trends & below center-line shows bearish trends

Commodity Technical Analysis & Generating Trading Signals

Bullish Buy Trading Signal

A buy commodity signal can be generated using 2 techniques:

• 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 trading signal when the signal line crosses above TRIX line.

Bullish Buy Trading Signal

Bearish Sell Trading Signal

A sell commodity signal can be generated using 2 techniques:

• 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 the TRIX line.

Bearish Sell Trading Signal

Divergence Commodity

Divergence can be used to generate commodity signals. Commodities traders can look for divergence between commodities price and the indicator and decide which direction to trade.

Divergence Commodities