TRIX is an energy indicator that displays the % rate-of-change of a exponentially that is triple moving average for the protection's closing price. It was created to keep you in trends corresponding to or shorter than the real number of periods you specify.
Interpretation:
The TRIX indicator oscillates around a zero line. Its triple smoothing that is exponential designed to filter out "insignificant" rounds (i.e., those who are smaller than the quantity of periods you specify).
Trades should be placed once the indicator changes way (i.e., buy when it arises and sell whenever it turns straight down). You might want to plot a 9-period average that is going of TRIX to create a "signal" line (similar to the MACD indicator, and then purchase as soon as the TRIX rises above its sign, and sell when it falls below its sign.
Divergences involving the safety and the TRIX will help determine points that are switching.
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