Triple Exponential AverageStocks Technical Analysis and TRIX Stocks 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 which are shorter than the selected indicator period used to calculate and draw are ignored.

Triple Exponential Average is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up stocks trend or a down stock trend. Above the center line shows bullish trends & below center line shows bearish trends

Stock Technical Analysis & How to Generate Signals

Bullish Buy Stocks Signal

A buy signal can be generated using two methods:

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

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

Bullish Buy Stocks Signal

Bearish Sell Stocks Signal

A sell signal can be generated using two techniques:

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

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

Bearish Sell Stocks Signal

Divergence Stock

Divergence can be used to generate stocks signals. Stocks traders can look for divergence between stocks price and the indicator and decide which direction to trade.

Divergence Stocks