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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Triple Exponential Moving Average (TRIX)

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Bruce_L
Posted : Friday, March 17, 2017 4:39:17 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Triple Exponential Moving Average (TRIX)

You may be looking for Triple Exponential Moving Average (TEMA) instead. These are very different indicators with the same name. The TEMA is a type of moving average while the TRIX is an oscillator.

Template (v17+)

100 * (XAVG(XAVG(XAVGCx, x), x) / XAVG(XAVG(XAVGCx.1, x), x) - 1)

Where x is the period of the triple exponential moving average.

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