TRIX Momentum Entries with Trend, Regime, and ATR Risk Filters

Summary

This strategy enters on TRIX zero-line crossovers, subject to filters for market direction and conditions. TRIX is calculated as the one-bar rate of change of a triple-smoothed exponential moving average. The entry must also pass a Choppiness Index threshold and an ADX minimum; an optional EMA filter restricts trades to the side of the longer-term trend. Users can select long, short, or both directions and choose whether opposite signals reverse positions.

Exits use take-profit and stop-loss distances based on ATR, with the distances captured when a position is opened. Optional sizing calculates quantity from a chosen fraction of equity and the stop distance, capped by available equity. The script specifies configurable parameters and slippage but includes no backtest results or tested markets. Its promotional description makes claims about signal quality without supporting performance evidence, so the rules require independent evaluation, including realistic costs and position-size behavior.

Key ideas

• TRIX zero-line crosses provide the long and short entry triggers.
• Entries also require low Choppiness and ADX above a minimum threshold.
• An optional EMA filter limits trades to the prevailing price trend.
• ATR-based profit and stop distances are set at entry, with optional equity-risk sizing.
• The document gives no strategy performance evidence or tested market results.

Tags

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