TRIX Indicator with Selectable Averaging Algorithms

Summary

The document describes a TRIX indicator variant that allows the user to change the averaging algorithm used in its calculations. This option concerns how price data is smoothed before or during indicator computation, so different choices may alter the resulting TRIX series and its responsiveness.

The implementation relies on reusable smoothing classes supplied by a separate library. The text points to an accompanying discussion of averaging price series without adding calculation buffers, but it does not explain which averaging methods are available or compare their behavior. It also supplies no trading rules, backtest results, or evidence that changing the averaging algorithm improves signals. The material is therefore useful as a concise description of a configurable indicator feature, while leaving its interpretation and practical performance unassessed.

Key ideas

• This TRIX variant allows the averaging algorithm to be changed.
• The selected averaging method affects how the indicator processes price data.
• The implementation depends on a separate smoothing-algorithm library.
• The document does not compare methods or provide trading performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.