Description

TRIX is a momentum indicator designed to smooth insignificant variations in price movements. Smoothing effect is obtained by applying Exponential Moving Average three times.


Formula

trixArray[] = (EMA(EMA(EMA(close)))/EMA(EMA(EMA(close[-1])))-1)*100


Interpretation

TRIX triggers a buy signal when the line crosses above zero. When TRIX line moves below zero a sell signal is generated.

inteliCharts - TRIX
inteliCharts Predictive Analytics - Calculating Most Probable Future Stock Prices
  • Neural network architecture
  • Quantitative processing
  • Long term forecasting
  • Intraday probability channels