TRIX Triple Exponential Average EA Setup - Setting Up TRIX EA

TRIX Triple Exponential Average EA Setup - Setting Up TRIX Triple Exponential Average Expert Advisor - A trader can come up with an TRIX Triple Exponential Average EA based on the TRIX Triple Exponential Average indicator explained below.

TRIX Triple Exponential Average EA rules can be combined with other Forex technical indicators to come up with other Expert Advisor Forex Robots that trade using rules based on two or more indicators combined to form a trading system.

Triple Exponential Average (TRIX) Forex Trading Technical Analysis & TRIX 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 plot 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 uptrend or a down trend. Above the center-line shows bullish trends & below center-line shows bearish trends

TRIX Triple Exponential Average EA Setup

Forex Trading Technical Analysis & How to Generate Signals

Bullish Buy Trading Signal

A buy signal can be generated using two 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 Signal - Forex TRIX Triple Exponential Average EA Setup

Bearish Sell Trading Signal

A sell signal can be generated using two 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 Signal - TRIX Triple Exponential Average EA Setup