TRiX Momentum Signals from Triple-Smoothed Moving Averages
Summary
TRiX is a momentum indicator that measures the percentage change in a moving average smoothed exponentially three times. The document says this repeated smoothing is intended to filter out relatively insignificant price fluctuations. It also describes TRiX as capable of producing signals similar in nature to those from MACD.
The described version preserves values from the first bars of the calculation and offers two coloring choices: color changes when the indicator’s slope changes, or when it crosses the zero line. Traders may use those color changes or zero-line crossings as signals. The document gives no parameter settings, chart examples, performance results, or rules for confirming entries and exits. These signals therefore remain general technical-analysis cues; the text does not establish that either approach is profitable or reliable across markets.
Key ideas
- TRiX measures the percentage change in a moving average smoothed exponentially three times.
- Repeated smoothing is intended to filter out relatively insignificant price movements.
- The indicator can produce momentum signals similar to MACD.
- This version retains early calculation values and supports slope-change or zero-cross coloring.
- Color changes and zero-line crossings are presented as possible trading signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.