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TRIX Indicator

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Summary: The Triple Exponential Average (TRIX) indicator is a momentum oscillator used to identify oversold and overbought markets.
TRIX the Charts
According to investopedia, this indicator calculates a triple exponential moving average (EMA) of the log of the price input over a period of time. This produces a percentage change in a moving average that has been smoothed exponentially three times. It produces signals similar in nature to the Moving Average Convergence-Divergence (MACD) indicator.
Key concepts:
  • Excellent filter of market noise and can identify oversold and overbought markets
  • Can be considered as a leading indicator
The parameters of the TRIX can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "TRIX" Product Definition.
TRIX Products & Properties
Product Setting Product Variable Properties
TRIX trix value, signal
Example:
A simple strategy can be built by entering a trade when the TRIX value crosses above the signal line when below zero: 
 chart.at01hs.trix.value > chart.at01hs.trix.signal && chart.at01hs.trix.value < 0
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1. quantum By @quantum8

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6. Choppiness Index - quantum Indicator

7. Choppy - quantum Indicator

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10. Elder's Force Index Indicator

11. William's Percent Range Indicator

12. Random Walk Index Indicator

13. TRIX Indicator

14. Worden Stochastic Indicator

15. Accumulation Distribution Line Indicator

16. VADER Indicator

17. Coppock Curve Indicator

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23. QQE Mod

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25. MOBO

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