Triple Exponential AverageEnergies Technical Analysis & 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 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 energies trend or a down energies trend. Above the center line shows bullish trends and below center line shows bearish trends

Energies Technical Analysis & How to Generate Trading Signals

Bullish Buy Trading Signal

A buy signal can be generated using two methods:

• The first one is the center line crossover signal where values above the line are bullish.

• The second one is used to generate a trading signal when the signal line crosses above the TRIX line.

Bullish Buy Trading Signal

Bearish Sell Trading Signal

A sell signal can be generated using two methods:

• The first one is the center line crossover signal where values below the line are bearish.

• The second one is used to generate a trading signal when the signal line crosses below the TRIX line.

Bearish Sell Trading Signal

Divergence Energies

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

Divergence Energy