Triple Exponential Moving Average (TRIX)It is a strong technical analysis tool. It can help investors determine price momentum and identify oversold and overbought signals in a financial asset.
Advantages of having an indicator like TRIX.
One of the main advantages of TRIX over other trend-following indicators is its excellent filtering of market noise and its tendency to be an early rather than late indicator.
To aid in the operations, a coloring was configured to facilitate the identification of trend reversals.
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