Trade Gold Trading

TRIX Trading 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.

TRIX is an oscillator trading indicator which oscillates above and below a centerline mark. The center line level is used to identify bullish & bearish trends. TRIX will measure the force of an up-trend or down-trend. Above the center-line shows bullish trends and below the center-line shows bearish trends

Place Triple Exponential Average (TRIX) on Chart

Analysis and Generating Trade Signals

Bullish Buy Trade Signal

A buy signal can be derived/generated using 2 techniques:

  • The first one is the center-line cross over signal where readings above the line are bullish.

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

Triple Exponential Average TRIX Analysis - TRIX Technical Indicators for Day Trading Gold

Bullish Buy Signal

Bearish Sell Trading Signal

A sell trading signal can be derived/generated using 2 techniques:

  • The first one is the center-line cross over signal where readings below the line are bearish.

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

How Do I Use XAUUSD Triple Exponential Average (TRIX) on Trading Chart in Trade Platform?

Bearish Sell Trading Signal

Divergence Trade

Divergence can be used to generate trading signals. Traders can look for divergence between price and the technical indicator & decide which direction to take.

TRIX Indicators for Intraday Trading - How to Analyze/Interpret Triple Exponential Average (TRIX) Indicator

Divergence Trade

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