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Indicator for Meta Trader 4
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Triple Exponential Moving Average
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Age 3+
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level: Beginner
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English
Author's Instructions
The Triple Exponential Moving Average (Trix) indicator in MetaTrader 4 filters out minor price changes and fluctuations considered insignificant in trading and provides visual buy and sell signals.
A trade entry signal is generated when the red line (Signal) crosses the green dashed line from below to above or vice versa. Blue arrows in the MT4 oscillator indicate Sell signals, while yellow arrows indicate Buy signals.
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Indicator for Meta Trader 4
-
Triple Exponential Moving Average
-
Age 3+
-
level: Beginner
-
English
Author's Instructions
The Triple Exponential Moving Average (Trix) indicator in MetaTrader 4 filters out minor price changes and fluctuations considered insignificant in trading and provides visual buy and sell signals.
A trade entry signal is generated when the red line (Signal) crosses the green dashed line from below to above or vice versa. Blue arrows in the MT4 oscillator indicate Sell signals, while yellow arrows indicate Buy signals.