At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- TRIXs Indicator
TRIXs Indicator
Find the Right Edition That Fits You
Scalperology Ai MT5
Try it Freeπ
Global
Pairs:
AUD/JPY
AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
30-Day Profit:
0%
7-Day Profit:
0%
Support:
24Ρ
7 via Telegram
Breakopedia Ai MT5
Test it Freeπ
Global
Pairs:
AUD/JPY
AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit:
0%
7-Day Profit:
0%
Support:
Developer
Understanding TRIXs Indicator
- TRIXs Indicator stands for Triple Exponential Moving Average Smoothing Indicator.
- It is designed to provide clear signals about market trends and reversals.
- The indicator combines the standard TRIX with a Simple Moving Average (SMA).
How TRIXs Works
- TRIX calculates the exponential moving average three times to minimize market noise.
- It utilizes an additional SMA to smooth the TRIX line, further improving trend signals.
- Entry and exit points are identified when the TRIX and SMA curves cross, indicating potential trend changes. π
Advantages of Using TRIXs
- Helps traders to filter out noise and provides clearer entry and exit signals.
- Combining both TRIX and SMA makes it versatile for traders looking for trend confirmation.
- Works well in conjunction with other indicators, enhancing overall trading strategies. π
User Reception
- The TRIXs Indicator has a positive reception among users, with a rating of 5.0.
- Users praise its ability to indicate trend reversals effectively.
- Many recommend it for use in robust trading strategies, especially when combined with other indicators.
Implementation Recommendations
- Ideal for use across various timeframes, making it suitable for both scalping and long-term strategies.
- Best utilized in conjunction with volume indicators to strengthen signals.
- Traders should backtest the indicator in a demo environment to gauge its effectiveness prior to live trading. π